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    Home»Personal Finance»Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico
    Personal Finance

    Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico

    IDKWYDBy IDKWYDMarch 4, 2025No Comments2 Mins Read
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    The Nova Scotia Federation of Labour says the tariffs characterize an unprecedented problem to the province’s workforce.

    In a media assertion, federation president Danny Cavanagh says Nova Scotia has hundreds of employees employed in export-oriented industries, together with lumber, seafood, Christmas bushes, paper merchandise and tires from three Michelin vegetation.

    These industries now face a extreme aggressive drawback within the U.S. market, he says, including that the Nova Scotia authorities ought to present employment insurance coverage extensions, help applications for susceptible exporters and provincial subsidies to assist employers shield jobs if there’s a extended financial downturn.

    “These tariffs aren’t simply numbers on paper; they characterize a right away menace to the livelihoods of hundreds of Nova Scotian employees and their households,” Cavanagh says.


    9:56 a.m.

    Dan Kelly, president of the Canadian Federation of Impartial Enterprise (CFIB), says in a media assertion that provinces and territories urgently have to work collectively to take away interprovincial commerce limitations.

    He calls on the federal authorities to recall Parliament and says the tariff cash it collects needs to be returned to affected companies.

    Kelly additionally says he desires the federal government to cross laws to make sure carbon tax rebates are tax-free, to extend the lifetime capital positive factors exemption threshold to $1.25M and to make sure the promised Canadian Entrepreneurs’ Incentive stays in place.



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