(US-Cda-Tariffs-NB)
New Brunswick has announced a 162-million-dollar response plan to Donald Trump’s 25 per cent tariffs with supports for hard-hit businesses, including large, export-focused companies.
Premier Susan Holt says the plan includes a 40-million-dollar program to help export-focused companies maintain staff and diversify their markets.
Holt says the tariffs will have heavy impacts in the province, where 92 per cent of exports go to the United States and put an estimated six-thousand jobs in the province at risk.
The premier says the provincial government has already stopped buying American products and is working to lift inter-provincial trade barriers.
(The Canadian Press)
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(NB-Fraud-Scams)
People in New Brunswick reported losing more than six-million dollars last year to investment frauds and scams – five times the 1.2 million dollars reported lost in 2023.
The Financial and Consumer Services Commission of New Brunswick says people in the province reported missing more than 39-thousand dollars to recovery pitch scams.
Such scams target victims of previous investment fraud with scammers claiming to be an official who will help people recover all or some of the lost money for a fee, in an attempt to steal more.
The figures come from the Canadian Anti-Fraud Centre’s Top Fraud Report, which collects information on fraud and identity theft nationally.
(The Canadian Press)
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(NB-Housing-Infrastructure)
The New Brunswick and federal governments have signed a 10-year housing agreement worth 150-million dollars.
The province issued a statement yesterday saying the money will be used to help communities build or improve infrastructure for drinking water, wastewater, stormwater and solid waste.
David Hickey, the provincial minister responsible for the New Brunswick Housing Corporation, says the funding will help accelerate home building.
(The Canadian Press)
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(US-Cda-Tariffs-NS)
Nova Scotia is barring American businesses from bidding on provincial contracts and looking into cancelling existing contracts with U-S firms in response to Donald Trump’s 25 per cent tariffs of Canadian goods.
The province’s liquor corporation is also removing all U-S alcohol from its shelves, and the government will double the tolls at the Cobequid Pass for American commercial vehicles travelling that stretch of northern highway that connects the province with New Brunswick.
The president of the Nova Scotia Federation of Labour wants the provincial government to establish a tariff response committee with representatives from labour unions, Indigenous communities, affected industries and communities.
Danny Cavanagh says the province has thousands of workers employed in export-oriented industries like lumber, seafood, Christmas trees, paper products and tires from three Michelin plants which will now face a severe competitive disadvantage in the U-S market.
(The Canadian Press)
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(US-Cda-Tariffs-NL)
American products will be removed from the shelves of the Newfoundland and Labrador Liquor Corporation in response to Donald Trump’s 25 per cent across the board tariffs on Canadian goods.
Newfoundland and Labrador Premier Andrew Furey has also pledged to expand the province’s export markets in Europe and beyond.
Furey is calling on residents to buy Canadian-made products saying–quote– “We stand with Team Canada as we stand strong, together.”
He says while Atlantic Canada has long had a strong trade relationship with New England, the tariffs will likely be a strain on that partnership.
(The Canadian Press)
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(CUR-Brier)
Its another day at the Canadian men’s curling championship at Prospera Place in British Columbia.
Defending champion Brad Gushue (GUH’-zhoo) puts his 4-and-0 record on the line against New Brunswick’s James Grattan this afternoon at the Montana’s Brier in Kamloops, B-C.
Gushue sits just ahead of Northern Ontario’s John Epping and Manitoba’s Reid Carruthers, both at 4-and-1, in Pool A.
(The Canadian Press)