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Canada Announces Major Projects to Offset Bite of Trump’s Tariffs

September 11, 2025
in News
Canada Announces Major Projects to Offset Bite of Trump’s Tariffs
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Prime Minister Mark Carney of Canada on Thursday announced a series of major projects meant to lessen Canada’s reliance on exports to sustain its economy, part of a strategy to deal with the economic disruptions caused by President Trump’s tariffs.

Several of the first batch of projects focused on increasing fossil fuel production, however, which is likely to anger environmentalists and put the government in conflict with Indigenous people who have land and hunting rights over territory that would be used for some of the infrastructure plans.

The initial list includes doubling the capacity of a liquefied natural gas plant and developing two copper mines, a nuclear reactor and a container port.

“We will create economic opportunities that help Canadians not just manage through this crisis — we will manage through the crisis,” Mr. Carney told reporters in Edmonton, Alberta, referring to the fallout from Mr. Trump’s tariffs. “Our goal is to prosper from it.”

But he cautioned that adjusting to the tariffs still posed significant challenges for Canada, the United States’ largest trading partner.

“What’s happening now in the global economy is not a transition; it is a rupture,” Mr. Carney said. “The United States is fundamentally and rapidly transforming all of its trading relationships. And the effects are both immediate and profound.”


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The post Canada Announces Major Projects to Offset Bite of Trump’s Tariffs appeared first on New York Times.

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