Before US President Donald Trump terminated trade negotiations with Canada late Thursday night, premiers were clashing over which tariff-beleaguered industries should be prioritized. Here’s a breakdown of the industries most under threat by tariffs in each province:
- British Columbia: Premier Eby made headlines when he suggested Canada is not prioritizing the lumber industry
- Alberta: Oil and gas has escaped many of the harshest direct tariffs but it’s still impacted by US trade policy.
- Saskatchewan: Chinese tariffs on Canadian agricultural products have caused concern about impacts on the economy.
- Manitoba: Premier Wab Kinew also said his province is facing economic pressure from the Chinese tariffs.
- Ontario: The province’s $11.6-billion vehicle manufacturing industry is facing threats as it is both deeply integrated with the U.S.
- Quebec:Manufacturing is also a major industry in Quebec, accounting for 80% of the province’s exports.
- New Brunswick: The lumber industry contributes approximately $15 billion annually to the province’s GDP.