In response to U.S. President-elect Donald Trump’s threat of a 25% tariff on all Canadian goods, Canadian Prime Minister Justin Trudeau met with provincial and territorial premiers in Ottawa on Wednesday. Trudeau emphasized that \"nothing is off the table\" as they strategized to safeguard Canada's economy.
The joint statement released by Ottawa and the premiers highlights their unified efforts to prevent the imposition of U.S. tariffs. Trudeau assured that no single region of Canada should \"disproportionately bear the burden\" of any retaliatory measures.
However, not all provinces aligned with this stance. Alberta Premier Danielle Smith opted out of the joint statement, expressing concerns that an export ban on Alberta oil to the United States could trigger a \"national unity crisis.\"
Despite this, the premiers reaffirmed their commitment to a comprehensive response that supports various sectors, businesses, and individuals. The statement outlined plans to quickly distribute revenues from potential tariffs to mitigate economic impacts effectively.
Looking ahead, the premiers are set to hold weekly meetings following Trump’s inauguration on January 20 to ensure ongoing collaboration and a robust defense of Canadian interests. Trudeau also announced a Cabinet retreat on the inauguration day to focus on these critical strategies.
Stay tuned as Canada navigates these challenging economic waters with resilience and unity!
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