Prime Minister Mark Carney has launched a C$5bn (US$3.6bn) fund to support tariff-hit industries and ordered the public sector to “Buy Canadian” as part of sweeping measures to combat Donald Trump’s trade war.
“We will build more with Canadian steel, Canadian lumber, Canadian technology, (with) Canadian workers,” Carney said in Mississauga, Ontario, on Friday.
The prime minister announced the “bold new approach” in response to the US pressure on Canada’s lumber, car, steel and aluminium sectors that has hit the economy.
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