François-Philippe Champagne

It was always Ottawa’s plan A to diversify Canadian trade.

Critical minerals, energy, are going to be essential to the growth of India. And that’s what I think Canada can offer.

Canada can provide energy security and food security to India. And India can provide to Canada scale, talent, and technology.

My job is to fight for Canadian business, to fight for Canadian industry, to fight for Canadian fishers.

When the United States of America asked too much and offered too little, we made a choice—we chose Canada.

We made the update because I think that was the right thing to do in the interest of Canada.

We will meet the moment together and as the prime minister has said, we will support our workers, our businesses, and our industry with whatever it takes for as long as it takes.

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.

Those tariffs will have real consequences for Canadian workers, businesses and communities across our nation. Canada must respond.

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.

We stood up for our workers. We stood up for our businesses. We stood up for Canada.

Ultimately, the terms proposed by the U.S. were uneconomic, unfair and ultimately, unacceptable.

Today, I'm announcing Canada will match the U.S. tariffs dollar for dollar, up to 50% on $27.6 billion of imports from the United States of America.

It’s all about fairness. It’s all about levelling the playing field. It’s all about supporting Canadian workers and Canadian businesses.

When the United States asked too much and offered too little, we chose to stand up for Canadians.

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 have been working on a support package. We have already considered different alternatives. We are prepared,

We've met with a number of pension [funds] and yes, they're very interested in Canada because people want to diversify their investment.

We're investing in the things that will generate growth to the country and therefore making sure that we can afford what we're going to be doing in order to meet our NATO requirement.

We’re investing in the things that will generate growth to the country and therefore making sure that we can afford what we’re going to be doing in order to meet our NATO requirement.

I think Canadians can understand that we have a strong fiscal position, and we’re investing in the things that will generate growth to the country.

Some countries will be quicker to move toward electrification and others will still mean decades of demand for LNG, for instance, certainly the way that Canada can produce it, sustainably and responsibly.

We are starting that process. The nexus between energy security, economic security, and national security is becoming one for every country.

It is not a choice between the two [fossil fuels or renewable energy],

It is a case of getting the right balance, which I think [this government is] doing.