National

Carney announces supports for sectors affected by U.S. tariffs

Darpan News Desk The Canadian Press, 05 Sep, 2025 10:59 AM

Prime Minister Mark Carney says his government is launching a suite of new measures to support sectors hit hardest by U.S. tariffs.

Friday's announcement includes $5 billion for a new fund to help companies in all tariff-affected sectors.

Carney says he's also introducing a “Buy Canadian” policy for the federal government, new supports for the canola sector and a one-year delay to the electric vehicle sales mandate.

The government says it is expanding support and loans for small and medium businesses, and introducing new measures to help workers acquire new skills.

Carney says Canada can’t rely on trade with the U.S. as it did in the past, and his government’s new industrial strategy will build an economy that is more resilient to global shocks.

The Liberal government is in the midst of trade talks with the administration of U.S. President Donald Trump, which has imposed tariffs on much of the world.

Picture Courtesy: THE CANADIAN PRESS/Sammy Kogan

Prev Next

MORE National ARTICLES

First Nations launch legal challenge against Ontario, federal bills 5 and C-5

The Indigenous communities say in the legal challenge filed in the Ontario Superior Court of Justice that the federal law known as Bill C-5 and the Ontario law known as Bill 5 both represent a "clear and present danger" to the First Nations' self-determination rights to ways of life on their territories.

First Nations launch legal challenge against Ontario, federal bills 5 and C-5

Number of Canadians with favourable view of U.S. has fallen, poll suggests

The survey by the Pew Research Center suggests one-third of Canadians — 34 per cent — now have a favourable view of the United States. It marks a 20 percentage point decrease from last year.

Number of Canadians with favourable view of U.S. has fallen, poll suggests

Poilievre wants Carney to cash out blind trust, says ethics screens insufficient

Carney set up a blind trust after he was sworn in as prime minister in March and the details of how it works were made public on Friday.

Poilievre wants Carney to cash out blind trust, says ethics screens insufficient

Cabinet to meet Tuesday as Trump says 35% tariff letter is 'the deal'

The president sent Carney a letter late last week saying Canada will face a 35 per cent tariff rate after Aug. 1, while other letters Trump shared over the weekend only talk about a 30 per cent tariff with Mexico and the European Union.

Cabinet to meet Tuesday as Trump says 35% tariff letter is 'the deal'

Police search for group of migrants after vehicle collision near Canada-U.S. border

He says four people from the migrants' vehicle were taken to hospital with non-life-threatening injuries, while between six and eight fled the scene on foot.

Police search for group of migrants after vehicle collision near Canada-U.S. border

Woman severely burned by substance in 'intentional act' in Langley, B.C., police say

A statement issued by Langley RCMP says officers responded to a report of woman in distress along a stretch of the Fraser Highway lined with businesses near the city's downtown area at about 6:35 p.m. on Saturday.