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Even as government leaders and labor groups meet to discuss more steps in the midst of doubt, striking tariffs could impact Canada’s economy as early as next month. The prime minister’s office did not specify the time of either of Trudeau’s conferences, but according to his plan for Wednesday, he” will host a virtual conference with provincial and territorial nominees.” Trump, the president of the United States, said on Monday that tariffs were “on schedule” and would arrive on March 4, but he did not specify whether he meant the broad-based 25 % tariffs on Canada or the reciprocal tariffs he announced on all of America’s trade partners. The Canadian Press reported Wednesday, citing a White House official, that the price plans may change through conversations. 0: 41
‘ There won’t get a bounceback ‘: Macklem warns of long-lasting influence of Trump tariffsPreparing for Trump’s taxes remains top of mind for American government officials and businesses. Wednesday night, the Canadian Labour Congress ( CLC ) will hold an urgent meeting to discuss the effects of US tariffs on workers and communities. Officials from organizations representing more than three million employees from all industries of Canada will attend the meeting, which will take place almost at 8 p.m. northeast. According to a recent report from the American Chamber of Commerce, 1.4 million Americans work in jobs related to American imports, while 2.3 million Indians work in jobs directly related to American imports. 1: 33
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A rep from the CLC’s U. S. rival, the American Federation of Labor and Congress of Industrial Organizations, may also participate to talk about the difficulties facing American workers. Bea Bruske, chairman of the Canadian Labour Congress, said Canada has to plan for the taxes. The CLC says Canada needs a” complete, worker-first approach” to protect employment, sectors and communities from economic upheaval. It recommends now is the time to diversify trade, invest in private industries, and increase protections for American workers by introducing unique employment insurance policies and receive financial assistance. The CLC is also calling for Canada to acquire imposing” important and powerful taxes” on the U. S. and cutting off its exposure to vital resources like energy, lumber, minerals, oil and gas if tariffs are applied. –with files from The Canadian Press&, copy 2025 Global News, a division of Corus Entertainment Inc.
