Toronto Mayor Olivia Chow says the city will have “a lot more” to say about its economic response to U.S. tariffs next week.
“I will have a complete package to announce Monday,” Chow told reporters at an announcement about a new affordable rental building Friday.
“They’ve been giving us input for the last several weeks, and we’re going to gather all of them together,” Chow said. “They’re going to sign off this afternoon, and we’ll have a lot more to say about it on Monday.” A report on Toronto’s “United States Tariff Response Action Plan” is expected to come before Chow’s Executive Committee when it meets next week.
“Recent trade developments between the United States and Canada, notably US-initiated tariff disputes, have introduced new uncertainties which will have direct and indirect impacts on construction projects, and the overall economy,” staff noted in the report.
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