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Carney Warns Canadians of Tough Times as Retaliatory Tariffs Hit

Canada's pivot away from the United States will not be painless, Prime Minister Mark Carney says. In a video message, he warned of hard times ahead as retaliatory tariffs take effect.

·By ·1 min read·Updated
Carney Warns Canadians of Tough Times as Retaliatory Tariffs Hit
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Carney's Warning

Prime Minister Mark Carney has told Canadians to brace for a rocky stretch as the country's retaliatory tariffs against the United States come into force. In a video message, Carney said the shift away from reliance on the U.S. economy will come at a real cost, but argued the alternative, staying tied to an increasingly unpredictable trading partner, would be worse.

What's Next

Carney did not detail specific numbers or timelines in the message. Further details on the scope of the tariffs and their economic impact have not yet been announced.

Source: CBC Politics

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