These ongoing disruptions in the Middle East are driving up energy costs, pushing fuel prices higher and putting additional pressure on families, workers and businesses here at home.
Announcing the extension of the gas tax holiday.
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More from François-Philippe Champagne
We don’t want any escalation, but at the same time, we have been clear from the get-go we’re going to stand up for Canadian industry, Canadian workers and Canadian businesses.
This is an unprecedented challenge imposed on Canada, but Canada will meet the moment, Canadians will meet the moment, we will meet the moment together.
Canada's countertariffs are designed primarily to provide protection for Canadian industry impacted by U.S. tariffs and allow them to compete against U.S. products in the Canadian market.
We are entering the trade war with the U.S. from a position of fiscal strength, with the lowest net debt-to-GDP ratio among the G7 nations and a triple-A credit rating.
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