Canada is considering broader economic retaliation against the US as trade tensions escalate, with Prime Minister Mark Carney saying Ottawa’s planned countermeasures are focused on steel, dairy, appliances, agricultural equipment, electronics, pulp and paper, according to BBC. Carney said Canada supplies most US natural gas and electricity imports and about 60% of crude oil imports, while Ontario Premier Doug Ford said an energy surcharge is on the table and floated a 25% levy on electricity exports in 2025.
BBC reported that Canada has already used consumer pressure, with provincial bans on US alcohol still in place in 11 of the 13 provinces and territories. Government data showed US wine exports to Canada fell 78% year over year, a $357m loss, while the distillers association said spirits exports dropped by more than 70%. Canadians also made 800,000 fewer trips to the US in April than in the same month in 2024, cutting about C$3.3bn from US revenue last year.
