Canadian Ministers Address Potential U.S. Tariffs

The Deputy Prime Minister and Minister of Finance, Chrystia Freeland, along with the Minister of Public Safety, Dominic LeBlanc, issued a statement regarding potential tariffs from the United States. The statement emphasized the importance of the trade relationship between Canada and the U.S., highlighting that Canada is a significant buyer of American goods, purchasing more than several major economies combined. The statement also noted Canada's role in U.S. energy supply, with a substantial portion of U.S. crude oil imports originating from Canada. Additionally, the statement mentioned ongoing cooperation between Canadian and U.S. law enforcement agencies to combat the trafficking of fentanyl and other opioids. The ministers expressed their intention to continue discussions with the incoming U.S. administration on these matters.