Political news, analysis, and opinions for Canadians

Category: Trade

Canada and US are finalizing a trade deal

“We are now moving towards an agreement that reinforces that Canadian advantage, including by securing the best terms in each of Canada’s most important strategic sectors and providing greater certainty about our future trading relationship,” Prime Minister Mark Carney wrote on Wednesday.

Minister LeBlanc said that Canada’s dairy supply management programme – which sees production quotas, set pricing, and import quotas on dairy, eggs, and poultry – will remain “entirely intact”, reports BBC News.

Polls suggest that a majority of Canadians would be unhappy if the Carney government made significant concessions to the US, with 56% surveyed by polling firm Leger saying they want Canada to take a hardline approach.

Continue reading

US delays implementing 50% tariffs on goods imported from Canada for three days

“Canada has temporarily dodged 50 per cent tariffs on roughly $28-billion worth of goods after U.S. President Donald Trump announced late Tuesday he would delay the levies for three days,” reports The Canadian Press.

“Prime Minister Mark Carney said in a statement after Trump’s post that “substantial progress” has been made and that more work remains.

“While we continue this work, Canada remains focused on building a stronger, more independent, and more competitive economy at home,” PM Carney said.

Continue reading