Premiers Discuss Bailout Plan Amid Trump Tariffs at Meeting with Trudeau

Ottawa: Manitoba Premier Wab Kinew is talking about the impact of Trump’s tariffs. He says the premiers are discussing a bailout plan for Canadians. This plan aims to help those who might lose their jobs due to the tariffs. Kinew believes a long-term economic strategy is also needed. He thinks trading relations with the U.S. have changed for good.

Kinew mentioned that they might look at income support similar to what was offered during COVID. But he cautioned against jumping to conclusions until they see what the new U.S. administration does.

Ontario Premier Doug Ford is also in the mix. He’s keen on discussing retaliatory tariffs against the U.S. Ford believes in hitting back hard when someone attacks. He’s worried that Trump’s tariffs could cost many jobs in Ontario.

Trump’s threats are serious. He’s talking about 25% tariffs on Canadian goods unless Canada addresses issues like illegal migration. He’s even called Canada the “51st state.”

Ford wants to explore options beyond just tariffs. He’s concerned about escalating tensions. Saskatchewan Premier Scott Moe agrees. He thinks it’s crucial to de-escalate the situation and avoid worsening threats.

Meanwhile, Newfoundland and Labrador Premier Andrew Furey used a chess analogy. He said Canada should keep its energy resources as a strategic tool but not reveal its plans too soon.

A major business group is urging Canada to act quickly to protect its manufacturing sector. They suggest emergency support measures to help businesses cope with the looming tariffs.

Kinew emphasizes that Canada needs a new plan for growth. He believes the old trade relationship with the U.S. is gone for good. The focus should be on building a stronger economy for the future.

Trudeau laid out the agenda for the meeting, highlighting the importance of collaboration among the provinces. The discussions are crucial for Canada’s economic future.