Quebec premier says tariff countermeasures will add $1.5B to the province's economy
The province says the measures will steer $1.5 billion in contracts and financing toward local firms and help businesses replace U.S. suppliers.
- On Monday, Quebec Premier Christine Fréchette announced new procurement rules prioritizing local businesses as Canada's retaliatory tariffs against the United States take effect Tuesday.
- These measures follow the United States' imposition of 50 per cent tariffs on Canadian goods last August, prompting Ottawa's retaliatory duties on hundreds of American products set to start Tuesday.
- Under the new policy, Quebec will reserve public tenders for local firms, grant a 15 per cent preference margin on bids, and deploy a task force to help businesses replace American suppliers.
- Opposition leaders criticized the briefing afterward, with Liberal leader Charles Milliard lamenting the lack of "frank answers" and Parti Québécois leader Paul St-Pierre Plamondon dismissing it as a "lecture."
- Premier Fréchette, taking a break on the 13th day of her election campaign, expects the initiatives to inject $1.5 billion into the economy, though she remains cautious about further tariff escalations from the Trump administration.
15 Articles
15 Articles
Winnipeg Free Press
Quebec premier says tariff countermeasures will add $1.5B to the province's economy
QUEBEC - The Quebec government has announced a series of measures to promote buying locally in response to the escalating trade war between Canada and the United States.
Quebec moves to protect supply chains, expand assistance as trade war intensifies
With Canada's new counter-tariffs against the United States set to take effect Tuesday, Quebec's government has announced measures it says will diversify the economy while protecting local businesses and jobs.
Quebec premier announces new measures as Canadian counter-tariffs take effect
On Monday evening, the CAQ government implemented a series of measures to promote buying local, just hours before Canada’s new tariffs were set to take effect at midnight on Tuesday. The Cabinet adopted a decree requiring the government to restrict bids to companies with a physical presence in Quebec and Canada. The government may also […]
On Monday evening, the Quebec government announced new measures to assist Quebec businesses.
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