US Edition
Canada aims for free internal trade that can offset any US tariffs, Carney says
- Canada's Prime Minister Mark Carney announced plans to eliminate internal trade barriers by July 1 to offset U.S. tariffs on imports.
- Recent research cites that removing these barriers could reduce trade costs by up to 15% and expand the economy by 4% to 8%.
- Carney announced plans for a "one-window approval process" to streamline major infrastructure project approvals, aiming to support workers affected by tariffs.
- The federal government will also facilitate funds for transportation links to resource extraction sites and develop a national trade and energy corridor strategy.
The Decibel
Daily News and Politics podcast from the Globe and Mail
Daily News and Politics podcast from the Globe and Mail
The ‘trade war’ election campaign is underway
The Globe and Mail’s Campbell Clark discusses Mark Carney’s announced measures to counter U.S. tariffs by boosting free internal trade amid the election’s intense trade war narrative.
23 Articles
23 Articles
This is unanimous: one of Mark Carney's first election promises is seen with a very good eye by Quebec's housing community. In addition to helping young buyers, the abolition of the GST on the purchase of a first home would, in their opinion, stimulate residential construction.
Canada aims for free internal trade to offset tariffs
Prime Minister Mark Carney on Friday said Canada could offset the effects of any US tariffs by removing internal trade barriers and that he aimed for free trade within the country by July 1, after meeting provincial and territorial leaders. "We are committing to table legislation by the 1st of July for goods to travel across the country... free of federal barriers," Carney told reporters. "We can more than offset the effects of any US tariffs by…
Trump's Tariffs Are Driving the UK to Diversify Its Energy Trade
With the United States threatening to impose tariffs on products from several countries worldwide, many governments are looking to strengthen alternative trade links to secure their supply chains. U.S. President Donald Trump has already imposed some trade tariffs on Mexico and Canada – despite their ongoing UMSCA free trade agreement – and China and has threatened tariffs on other countries and regions, notably the European Union. This has encou…
Carney Unveils Canada Tariff Relief, ‘Nation Building’ Reforms
Canadian Prime Minister Mark Carney announced a flurry of measures aimed at blunting the pain of US tariffs as well as “nation-building” reforms to boost trade and investment days before he’s expected to call an election.
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