HomeMagazinePoliticsCanada Bans US Firms From Govt Contracts, Dumps Starlink Deal

Canada Bans US Firms From Govt Contracts, Dumps Starlink Deal

Listen to article

Canada’s most populous province and its economic engine, Ontario, has announced a ban on US companies bidding on tens of billions of dollars worth of government contracts and cancelled a deal with Elon Musk’s Starlink in response to US tariffs.

Ontario Premier Doug Ford made this announcement in a post on X on Monday.

Read Also: Canada Imposes 25% Retaliatory Tariffs On US Goods

“Ontario won’t do business with people hell-bent on destroying our economy.

“US-based businesses will now lose out on tens of billions of dollars in new revenues. They only have President Trump to blame,” he said.

Ford said he was ripping up a Can$100 million (US$68 million) contract with Starlink, signed in November, to provide internet services to 15,000 homes and businesses in remote northern parts of Ontario.

Canadian Prime Minister, Justin Trudeau, has announced a 25% retaliatory tariffs against the United States in response to President Donald Trump’s newly imposed tariffs on Canadian imports.

While speaking during a press conference on Saturday, Trudeau said, “Tonight, I am announcing Canada will be responding to the US trade action with 25% tariffs against 155 billion dollars worth of American goods.”

Trudeau explained that $30 billion worth of goods would be subject to immediate tariffs starting Tuesday, with an additional $125 billion in tariffs to be introduced in 21 days to give Canadian businesses time to adjust.

The tariffs will target a range of US exports to Canada, including alcohol , fruits, clothing, and shoes, as well as household appliances, furniture, lumber, and plastics.

He also revealed that Canada was exploring further non-tariff measures in coordination with provincial and territorial governments. “And as part of our response, we are considering with the provinces and territories several non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships,” he said.

 

The Eastern Updates

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments