Friday, July 24, 2026
ADVT 
National

B.C. premier says businesses can tap into $1.5 billion fund if U.S. escalates tariffs

Darpan News Desk The Canadian Press, 24 Jul, 2026 09:14 AM
  • B.C. premier says businesses can tap into $1.5 billion fund if U.S. escalates tariffs

British Columbia Premier David Eby says local businesses will have access to a federal emergency fund if the United States follows through on new tariff threats.

U.S. President Donald Trump says he plans to impose tariffs of up to 50 per cent on Canadian products, including those made out of wood, and Eby says Prime Minister Mark Carney told him that affected business in B.C. could apply to a support fund worth $1.5 billion.

The premier says Carney has told him the fund "has not been exhausted," and he expects that there "should be more than enough in that regional fund," should the United States impose the threatened tariffs on Aug. 19.

But he also says the tariff plan is already costing B.C. businesses by creating uncertainty, so the sooner the dispute can be resolved, the better.

Eby, who was speaking from Charlottetown, where he met with other first ministers, including Carney, says the meeting discussed various ways to respond to this latest threat.

He says he does not consider putting U.S. alcohol back in B.C. stores to be an option, a move that Trump has demanded.

"I can tell you in terms of the perspective of those provinces and territories that have taken U.S. alcohol off the shelf, there is no desire to put those products back on the shelves," Eby says.

"At this point, this is a significant point of leverage for Canada in these conversations, and none of us is moving to put American booze back on the shelf."

The premier says he also spoke during the meeting about B.C.'s softwood lumber sector, and there will be a separate gathering with the premiers of other provinces that have large softwood sectors.

Picture Courtesy: THE CANADIAN PRESS/Darren Calabrese

MORE National ARTICLES

Has rise of the right primed B.C. politics for a party that breaks the binary?

Has rise of the right primed B.C. politics for a party that breaks the binary?
Former British Columbia premier Christy Clark says voters in the province face a choice between the "worst government in B.C. history" and an opposition headed by an unelectable leader.

Has rise of the right primed B.C. politics for a party that breaks the binary?

Canada-only Gordie Howe bridge opening event being held in Windsor

Canada-only Gordie Howe bridge opening event being held in Windsor
A Canada-only ceremony is taking place Friday to mark the opening of the Gordie Howe International Bridge after a joint celebration with the U.S. was cancelled earlier this week.

Canada-only Gordie Howe bridge opening event being held in Windsor

Forced labour or leverage: What Trump's new tariffs are really about

Forced labour or leverage: What Trump's new tariffs are really about
The Trump administration says it's hitting Canada and dozens of other countries with double-digit tariffs because they're not doing enough to fight forced labour — but not everyone is convinced.

Forced labour or leverage: What Trump's new tariffs are really about

Feds should increase federal health funding, but with strings attached: advocates

Feds should increase federal health funding, but with strings attached: advocates
Advocates are urging the federal government to increase health care funding and impose more conditions on what the provinces can do with that money.

Feds should increase federal health funding, but with strings attached: advocates

Gordie Howe bridge deal text confirms Canada is splitting toll revenue with U.S.

Gordie Howe bridge deal text confirms Canada is splitting toll revenue with U.S.
The proposed agreement in principle for the Gordie Howe International Bridge confirms that Canada will share half of net toll revenues with the U.S. for the first 15 years.

Gordie Howe bridge deal text confirms Canada is splitting toll revenue with U.S.

Premiers tout unity ahead of P.E.I. talks with Carney, 'bullish' on U.S. trade deal

Premiers tout unity ahead of P.E.I. talks with Carney, 'bullish' on U.S. trade deal
Premiers said they remain a united Team Canada against a common adversary in the U.S. as they wrapped up talks Wednesday ahead of a face-to-face meeting with Prime Minister Mark Carney.

Premiers tout unity ahead of P.E.I. talks with Carney, 'bullish' on U.S. trade deal

PrevNext