Finance Minister Champagné Announces Support for Businesses Hit by US 50% Tariff

Finance Minister François‑Philippe Champagne, speaking in Montreal, said the federal government will step in to help firms that face the steep 50 % tariff announced by the United States. He indicated that a dedicated assistance package will target the roughly half of Canadian businesses most exposed to the new duties.

Champagne stressed that Canada has been working for years to build a resilient and diversified economy, removing inter‑provincial trade barriers and investing in high‑value sectors. The upcoming support plan is part of that broader strategy to safeguard jobs and maintain growth despite external pressures.