Feds host Canada-U.S. economic summit during amid tariff threats

Feds host Canada-U.S. economic summit during amid tariff threats

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Ottawa – The federal government will host a summit in Toronto today aimed at strengthening the economy in the rapidly changing Canada relationship with its largest commercial partner.

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US President Donald Trump’s plan was developed to impose a sweeping tariff this week that stopped until March 4.

This threat, which is looming on the horizon and the fluctuation of its administration, has many business leaders and workers who urge Canada to search for two alternative commercial partners and ways to enhance internal trade.

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The summit is hosted by a newly created consultant council on relations between Canada and the United States, and includes business and work leaders, indigenous population leaders and public policy experts.

Flavio Volby, a member of the Consultative Council and Chairman of the Automotive Parts Factors Association, says he hopes the meeting will be just a greater thing.

He says that Canada faces “the most dangerous industrial threat that we have ever faced” and called for a collective effort similar to what happened in the first days of Covid-19 epidemic.

“It is important that this is not a photo, that this is not a recent session, and that this is not the only time we meet,” he said.

The representatives of the Canadian Municipalities Union, Industrial and Manufacturing, as well as the National President of the First Nations Association, will attend.

This type of meeting can help ensure different levels of government and the private sector “rowing in the same direction.”

“Compatibility with the facts is really important because what is missing in this entire conversation is at least in my view on the American side, it is a fact,” he said.

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He and the heads of the heads of the border association have established the mayor’s border alliance in response to the threat of a defense tariff on behalf of cities that have more than others. But he said that this type of popular measure does not work unless everyone understands the approach.

Delcoms participated in a meeting of the Great Municipal Union in the Great City in Ottawa on Thursday, where the customs tariffs and trade with the United States were the only topics.

Prime Minister Justin Trudeau, in the opening notes at this event, reiterated the need for the “Canada team” approach.

He said that the country “is doing more than just the restoration of ourselves, as we are working as regional and regional leaders to carry out the vital work of destroying the barriers that impede trade between the provinces.”

This is exactly what Dennis Darby, CEO of Canadian manufacturers and exporters, said he wants to see in the long run.

Darby said that he intends to inform the government that if definitions are imposed, companies and workers will need help in the form of direct government exemptions, tax exemptions or wages.

He said, moreover, there are “structural problems within the Canadian economy that need to be addressed.”

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It includes the need to facilitate the transportation of goods between provinces – trade that is undermined by a complex organizational environment – and ensuring that Canada is better benefiting from its commercial deals with other countries.

“We will always circulate with the Americans, no doubt,” said Volby. “Can we count on them?”

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CanadaU.SEconomicFedshostsummittariffthreats