Canada Unveils Support Package as US Trade War Drags On

The US and Canada are locked in a protracted trade war, with both sides showing no signs of backing down. The conflict is set to have far-reaching consequences for workers and businesses on both sides of the border. To mitigate the impact, Canada's government has announced plans to introduce programs aimed at supporting affected individuals and companies.

The 'One Canadian Economy Agenda' will include expanded jobless benefits and loans for businesses hit by new tariffs, similar to those implemented during the COVID-19 pandemic. The measures are designed to help cushion the blow of the trade war, which has been ongoing since the summer of 2026.