Carney to brief cabinet, premiers on trade deal with the U.S.
Negotiators are finalizing terms that could spare Canada from $28 billion in threatened tariffs while leaving dairy supply management intact, officials said.
- Prime Minister Mark Carney will brief cabinet and premiers today on the potential trade deal reached Tuesday with the United States, which Canada-US Trade Minister Dominic LeBlanc helped negotiate in Washington.
- President Donald Trump delayed the threatened 50% tariffs on $28 billion of Canadian goods for three days, enabling negotiators to finalize the agreement before new duties took effect.
- United States Trade Representative Jamieson Greer said the Americans are "very happy" with the discussions, noting the agreement strengthens the North American economy and eliminates "some of the irritants" between the countries.
- Canada's dairy supply management program remains "entirely intact" under the deal, LeBlanc confirmed, addressing Quebec Premier Christine Fréchette's earlier insistence that the system was a "red line" for her province.
- While 56% of Canadians surveyed by Leger favor a hardline approach, business organizations from both sides of the border have urged a deal, cautioning that additional tariffs would harm both countries' economies.
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Ottawa presented a draft agreement with the White House to provincial premiers
Nearly three out of four Canadians say they will still not buy American alcoholic beverages, even if they return to the country's stores, according to a poll published Thursday by Nanos Research, while Canadian Prime Minister Mark Carney has asked to lift the veto as part of a trade agreement with Washington.
Canada-US trade deal nears, but Quebec seeks dairy and forestry safeguards
Canada and the US moved closer to a trade pact, but Quebec sought clearer terms. The stand-off underscores provincial leverage over alcohol sales and anxiety over dairy and forestry protections.
TORONTO (AP) — Quebec's premier said trade negotiations between Canada and the United States are "far from over" and demanded more information from Prime Minister Mark Carney before deciding whether a nascent agreement adequately protects…
Source says Canada, US closing in on trade deal
WASHINGTON — The U.S. and Canada were closing in on a trade deal in which Washington could cut some contentious tariff rates on key metals and Canadian-built cars and trucks, a source familiar with the matter said Wednesday.
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