Uncertainty still hangs over the Canadian economy despite U.S. President Donald Trump announcing a 30-day pause in tariffs that were to take effect today.
The temporary reprieve halts 91裸聊视频� at least for now 91裸聊视频� a continental trade war that economists on both sides of the border warned would raise prices.
Trump91裸聊视频檚 decision meant Canada and the provinces also halted their moves to retaliate including with tariffs and bans on U.S. alcohol sales north of the border.
Trump on Saturday signed an order to impose 25 per cent across-the-board tariffs on Mexican and Canadian imports, with a lower 10 per cent tariff on Canadian energy.
On Monday, following two phone calls with Prime Minister Justin Trudeau, Trump said the tariffs would be off the table for 30 days to see if the two countries could reach a 91裸聊视频渇inal economic deal.91裸聊视频�
In his own social media post, Trudeau outlined his government91裸聊视频檚 $1.3 billion plan to address Trump91裸聊视频檚 stated concerns about border security that Canada unveiled in December.
He also said nearly 10,000 front-line personnel 91裸聊视频渁re and will91裸聊视频� be protecting Canada91裸聊视频檚 border, and announced $200 million in new initiatives to address fentanyl trafficking including a 91裸聊视频渇entanyl czar.91裸聊视频�
Some of the border measures will be on display immediately.
Public Safety Minister David McGuinty and Terry Duguid, minister responsible for Prairies Economic Development Canada, will join Manitoba Premier Wab Kinew later this morning at the Emerson port of entry, where they91裸聊视频檒l see how the Canada Border Services Agency detects fentanyl and other toxic materials. They91裸聊视频檒l also see a Black Hawk helicopter which the RCMP is now using to patrol the U.S. border in the province.
But the tariffs delay is not a long-term comfort for many in Canada91裸聊视频檚 labour and business communities.
Unifor, the country91裸聊视频檚 largest private sector union, insists that Trump91裸聊视频檚 threat of tariffs remains in effect, threatening Canadian jobs. National President Lana Payne calls for Canada to 91裸聊视频渦se every single available lever to build a strong, resilient, and diverse economy.91裸聊视频�
The Business Council of Canada also notes that 91裸聊视频渨ith a 30-day delay, much uncertainty remains.91裸聊视频�
President and CEO Goldy Hyder said it remains clear that Canada must 91裸聊视频渁ct with urgency to improve our long-term economic prospects.91裸聊视频�
Quebec Premier Fran莽ois Legault complained that 91裸聊视频渨hat91裸聊视频檚 annoying91裸聊视频� about dealing with Trump 91裸聊视频渋s that there91裸聊视频檚 always this sword hanging over our heads.91裸聊视频�
He believes the events of the last few days emphasize the importance of diversifying markets and limiting Canadian dependence on American exports.
Canada has spent the last three months on a full-court press in Washington, D.C. and Mar-a-Lago, Trump91裸聊视频檚 Florida resort, trying to push its case against tariffs. Despite the pause, that work continues.
Energy and Natural Resources Minister Jonathan Wilkinson was set to be in Washington on Tuesday to deliver a speech on the future of energy in North America.
