Finance Minister Dominic Leblanc has asked his fellow ministers to assemble a list of ideas that he can arrange in a planned spring budget to fight American protectionism, a threat that does not show the signs of departure, even if Canada has secured a break to President Donald Trump’s planned tariffs.
In a undated, confidential letter sent to the Cabinet Ministers and obtained by CBC News, Leblanc writes that he is ready to only consider spending more money at the initiatives that respond to the “current context of Canada-US” and those that “strengthen our national unity”.
It is also open to projects that make life more affordable for Canadians or those that stimulate the growth, competitiveness and productivity of the country.
“The Canada team must be ready to respond to the threat of unprecedented tariffs from the new American administration and to alleviate their impact on the Canadian economy,” Leblanc wrote.
“We are at a crucial moment for our government and for our country.”
While Canada received a refund on Monday, when Trump agreed to stop his promised 25 percent on almost all of our goods, this is probably not the last country she saw the unpredictable president.
Trump said in a post on social networks that Stanka was only a “initial outcome” and that he was still looking for a kind of “final economic agreement” with the country to the line.
US President Donald Trump agreed to a 30-day delay on the suggested tariffs after Prime Minister Justin Trudeau agreed to determine drug cartels as a terrorist organization, appoint Fentanil Car and increase the security of the border. Despite the agreement, Trump spent the day talking about what else he wanted from Canada.
There is a possibility for Trump to give up 25 percent of tariffs and instead goes with 10 percent of universal tariffs to goods from all countries after his administration is over Global Store Study in April.
Even a 10 -pointed tax would be extremely interfering with Canada, given how many economies have been intertwined after a decade of liberalized stores.
There is also a possibility that Leblanc never stands a federal budget. Prime Minister Justin Trudeau should deviate after the party picks up his replacement on March 9th.
The next prime minister may immediately decide to go to the polls, not test the trust of the House of Prophet when he plans to return to March 24. The federal budget is usually filed sometime in April.
However, Leblanc told his fellow ministers that, if he writes the next budget, he will be focused on the laser to respond to the expected “trade disorders” and how the government can “provide temporary support for” influence of workers and businesses.
Leblanc asked the ministers to submit “no more than three priority proposals to the” Finance Department until February 2 – the deadline that had already passed and the one who fell before Trump’s threatening tariffs entered into force.
He also mentions the latest withdrawal of the cabinet, suggesting that this letter was written sometime in late January.
This means that the ministers had only a few days to make specific prop
“Our focus is on the progress and defense of Canadian interests. Therefore, I rely on each of you to think about our collective needs, outside the interests of your ministries, and to be disciplined in putting cuming items,” the letter reports.
The Globe and Mail first signed up for the Leblanc Memorandum.
Leblanc also said that “the current fiscal climate is more important than ever to focus on no cost approaches,” such as cutting bureaucracy, eliminating obstacles to the internal trade and investment and “simplification of government processes”.
Trade barriers that were viewed
Although Leblanc considers ideas for a federal budget that may never come, there are other actions that will increase the economy if the trade war is realized.
Trudeau and premiere agreed that they would break some internal obstacles in order to trade more free in Canada now that the US is less solid than it used to be.
IN Internal Trade Committee is a meeting to make A list of burdened regulations This could be dismantled to increase the flow of goods and workers between the provinces.
With US President Donald Trump’s tariffs against Canada for 30 days, the federal government now faces pressure to find solutions and permanently avoid tariffs.
Alberta Prime Minister Danielle Smith and Conservative leader Pierre Poilievre, among other things, also push the government on Projects of potential energy infrastructure of green light like a pipeline.
The Trans Mountain expansion project, which funded and built by Crown Corporation, opened last year, but the oil sector invites the oil sector Even more capacity.
In order to achieve energy independence from the United States, Smith and Poilievre want to revive projects such as the now unresolved Energy East pipeline to move the Western Canadian raw oil to the east, where refineries are still very relieved to foreign sources.
In 2023, Canada imported nearly 500,000 barrels of oil daily from countries like Saudi Arabia and Nigeria, although this country has the third largest oil in the world.
Pipelines that help oil oil to Europe and Asia are also a way to diversify the Canadian user base, because, as it stands now, more than 95 percent of oil exports in the country go to one market: US, according to the federal federal government data.
Speaking at a Washington event on Tuesday, Natural Resources Minister Jonathan Wilkinson said that “shock” US store had been encouraged by a “reflection” in Ottawa about pipelines.
“We may be too dependent on the infrastructure in some areas that flow only through the United States,” he said.
In the meantime, conservatives renew their pressure to recall the Federal Liberal Government immediately, even if there is a liberal race for the choice of Trudeauu replacement.
“Canada faces a crisis, but the Liberal Party has extinguished our parliament. President Trump put a 28-day break on his tariffs, but nothing can be taken for granted. No time to rest. Canada must return control over our limit control She strengthened our economy and put Canada first, “said a statement in an informative edition on Monday.
According to Canadian trade law, the Government may impose the retaliation of the US tariff without the approval of parliament.
The Government also claims that the federal cabinet can develop parts of a packet for assistance for workers and companies – if it is – without MP.
Still, conservatives say they want to say “discussion and consideration of the answer” to Trump’s threats.
