Quebec officials move forward on plan to respond to punishing U.S. tariffs

2 hours ago 1

By Staff The Canadian Press

Posted February 3, 2025 2:56 pm

1 min read

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Quebec Premier François Legault is gathering with respective of the province’s fiscal heavyweights Monday arsenic his medication readies its effect to the tariffs acceptable to beryllium imposed by United States President Donald Trump.

Legault and immoderate of his ministers are speaking with CEOs from a brace of banks arsenic good arsenic the heads of the province’s pension money manager, concern limb and electrical utility.

The meetings comes aft Economy Minister Christine Fréchette told Radio-Canada the state is readying to enforce a 25 per cent punishment connected American companies attempting to bid connected Quebec authorities contracts, matching the 25 per cent tariff the U.S. says it’s imposing connected astir Canadian goods starting Tuesday.

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She said successful the vigor interrogation that the punishment Quebec is readying to enforce would marque it each but intolerable for American companies to beryllium selected due to the fact that it would summation their bids by 25 per cent.

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The Quebec authorities antecedently confirmed that the province’s liquor committee volition halt selling American products arsenic of Tuesday and won’t proviso them to bars oregon restaurants.

Montreal’s politician confirmed contiguous that the metropolis is preparing its ain effect to the tariffs, including perchance imposing its ain 25 per cent punishment connected American suppliers who bid connected municipal contracts.

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