Nova Scotia Premier Tim Houston announces a series of retaliatory measures against U.S. tariffs imposed on Canadian goods. The plan includes doubling tolls for U.S.-bound trucks, removing all U.S. alcohol from provincial liquor stores, and exploring opportunities to cancel contracts with American businesses.
Nova Scotia Premier Tim Houston has announced a series of countermeasures in response to tariffs imposed on Canadian goods by U.S. President Donald Trump . On Saturday, Trump signed an executive order that adds a 25 percent tariff on Canadian goods entering the U.S., including a 10 percent tariff on oil and gas. In a press release issued shortly after the tariffs were confirmed, Premier Houston outlined a multi-pronged approach.
Starting Monday, tolls at the Cobequid Pass will double for commercial vehicles entering from the U.S. Also, beginning Tuesday, the Nova Scotia Liquor Corporation (NSLC) will remove all U.S. alcohol from its store shelves, affecting over 400 products, including beer, wine, spirits, and coolers. These products accounted for seven percent of the NSLC's total alcohol listings and generated $18 million in sales during the 2023-24 fiscal year. The premier further stated that the province will explore opportunities to cancel existing contracts and will retain the option to reject bids due to President Trump's tariffs. Looking ahead, Nova Scotia will prioritize finding new markets domestically through programs like Nova Scotia Loyal, focus on developing its own resources, eliminate inter-provincial trade barriers, and seek international diversification. The statement also acknowledged the unexpected nature of this situation, noting that it is 'remarkable to find ourselves at odds with our best friend and neighbour.'Canada is also retaliating with tariffs of its own. As of Tuesday, a 25 percent tariff will be applied to $30 billion worth of American goods entering Canada. This will be expanded to another $125 billion worth of American imports within three weeks. While the immediate impact on the lobster industry might be limited due to the current season, experts warn that prolonged tariffs could significantly disrupt exports, particularly if they extend into the spring season. Geoff Irvine, the executive director of the Lobster Council of Canada, highlighted that May, June, and December are peak months for live lobster exports, which are most significant for Nova Scotia. The United States is the second-largest export market for live Canadian lobster, after China. For frozen lobster, the impact is more pronounced in New Brunswick, where the U.S. is the primary export market. Both the Nova Scotia Liberal Party and NDP Leader Claudia Chender have welcomed the provincial government's planned measures, viewing them as a necessary response to the U.S. tariffs and a step towards mitigating their potential harm on Nova Scotia's economy
TRADE WAR TARIFFS CANADA NOVA SCOTIA DONALD TRUMP TIM HOUSTON ECONOMY LOBSTER INDUSTRY
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