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CANADA: Politics Week: Tariff Threats Dominate As Parliament Suspended

CANADA
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  • Donald Trump on Monday night said he prefers a 25% tariff on Canada and Mexico for Feb. 1, though refraining from earlier signals he would do this upon taking office.
  • Canadian Finance Minister Dominic LeBlanc said tariffs would be "a mistake" drawing a response that hurts America's job creation and boosts inflation. Officials have signaled they are planning a dollar-for-dollar retaliation, and export taxes on any goods like oil exempted by Trump.
  • Prime Minister Justin Trudeau will resign March 24 to allow for a Liberal leadership race, also hanging on to deal with Donald Trump's threats including use of "economic force."
  • Mark Carney and Chrystia Freeland joined the Liberal leadership race with a decision set for March 9, and as of yet no debates or other events have been announced by the party. Many cabinet ministers touted as candidates have opted out of a race with a record CAD350,000 fee in a nation with tight contribution limits.
  • Trudeau has suspended Parliamentary business until his March 24 resignation, short-circuiting opposition parties who intended to force a snap election when the legislature had been due to open Jan. 27.
  • Polling aggregator 338Canada shows Conservatives likely to win majority government if election were held now.
  • Sample headlines: Holy heck, that Mark Carney launch was a letdown (Star); I’ve seen student unions better organized than the Liberal party (Toronto Star).
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  • Donald Trump on Monday night said he prefers a 25% tariff on Canada and Mexico for Feb. 1, though refraining from earlier signals he would do this upon taking office.
  • Canadian Finance Minister Dominic LeBlanc said tariffs would be "a mistake" drawing a response that hurts America's job creation and boosts inflation. Officials have signaled they are planning a dollar-for-dollar retaliation, and export taxes on any goods like oil exempted by Trump.
  • Prime Minister Justin Trudeau will resign March 24 to allow for a Liberal leadership race, also hanging on to deal with Donald Trump's threats including use of "economic force."
  • Mark Carney and Chrystia Freeland joined the Liberal leadership race with a decision set for March 9, and as of yet no debates or other events have been announced by the party. Many cabinet ministers touted as candidates have opted out of a race with a record CAD350,000 fee in a nation with tight contribution limits.
  • Trudeau has suspended Parliamentary business until his March 24 resignation, short-circuiting opposition parties who intended to force a snap election when the legislature had been due to open Jan. 27.
  • Polling aggregator 338Canada shows Conservatives likely to win majority government if election were held now.
  • Sample headlines: Holy heck, that Mark Carney launch was a letdown (Star); I’ve seen student unions better organized than the Liberal party (Toronto Star).