Canada finance minister: We agreed to maintain dialogue

  • Comments from Dominic Leblanc
Dominic Leblanc
  • Dialogue is constructive and cordial and will continue until tariffs are removed
  • We will continue the dialogue next week and in between then and now
  • Canada will be a position to respond in an election or otherwise, there is always a Prime Minister
  • Details of the discussions will be kept private
  • If there is a discussion to review a free trade agreement, it's not particularly helpful to have tariffs in place
  • The best way to have an effective conversation about USMCA is by removing tariffs

Francois-Philippe Champagne, Minister of Innovation, Science and Industry of Canada:

  • It was a long discussion
  • Tariffs are harmful on both sides of the border
  • There is a chance for a reset here
  • There is a mutual understanding that there is an impact on both sides of the border
  • Moving forward with dialogue is crucial
  • The US side understands
  • We talked about making North America more competitive
  • We talked about a reset with a new Prime Minister tomorrow
  • We changed the channel in my view in looking at opportunities and competitive in North America
  • There no alternative other than standing up for Canadians
  • Goal of the meeting was to talk about integrating supply chains

Canada's ambassador to the US:

  • Review of USMCA is in 2026 (discussions start in July 2026)

Top Brokers

Sponsored

General Risk Warning