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Prime Minister Statement on Canada-US Trade and US Policy
The Prime Minister of Canada announced that Canada will remove all of its tariffs on U.S. goods specifically covered under the Canada-United States-Mexico Agreement (CUSMA). This action is a response to evolving U.S. trade policies and aims to preserve Canada's trade advantage. The change will take effect on September 1, 2025.
Government Support for Canadian Workers and Employers Impacted by Tariffs
The Government of Canada has announced a plan to support workers and employers impacted by tariffs. The initiative outlines available resources for employment insurance, skills training, and educational financial aid for individuals, as well as resources for employers to manage and strengthen their workforce.
Canada Launches Measures to Protect Strategic Industries
Prime Minister Mark Carney announced new measures to protect Canadian strategic industries impacted by U.S. trade disruptions. Key initiatives include a $5 billion Strategic Response Fund, a new Buy Canadian Policy, and support for workers and specific sectors like agriculture.
Canada Updates List of U.S. Products Subject to Counter Tariffs
The Government of Canada has updated its list of U.S. products subject to counter tariffs, effective September 1, 2025. Most counter tariffs have been removed, except for those on steel, aluminum, and autos, as negotiations with the U.S. continue.
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