Canadian industry experts, union leaders issue dire warnings about tariff effects

Several premiers are decrying U.S. President Donald Trump’s decision to impose punishing tariffs on virtually all Canadian goods and calling for a powerful retaliatory response from Ottawa and the country as a whole.

Newfoundland and Labrador Premier Andrew Furey said on Saturday that "we’re in a moment that is historic, an existential threat to the country. It’s not just an economic attack — I believe this to be an attack on Canadians, an attack on their values, on our sovereignty.

“It’s a moment where we need to stand strong and united in such an assault,” Furey told CBC News.

  • Grimpen
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    3 days ago

    I would have capital investment to the private sector. More just sign some deals, such as long term pricing or export permits, whatever. Trump is obsessed with oil and gas. If we signed some deals it would send a pretty cheap signal.

    Premier Eby made some similar comments wrt approvals for mines and such. Slightly different, but if there is a global market and construction is going to take a while, might as well get building now.