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Canada Fires Back at U.S. Tariffs | Toronto News
U.S. tariffs hit Canada hard—50% on key goods—and trade talks have collapsed, with PM Carney calling U.S. demands unacceptable. Local leaders like Bonnie Crombie are stepping in with relief plans: interest-free tax deferrals and permanent “Buy Canadian” policies to shield Mississauga businesses. Current Mayor Carolyn Parrish is rallying city resources to support small and mid-sized firms amid the chaos. Federally, Canada retaliated by doubling steel/aluminum tariffs to 50%, matching U.S. moves, while unveiling a $7.5B aid package for battered Canadian companies. The trade war’s economic…
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