The latest news as Donald Trump’s administration imposes tariffs on Canada. Web links to longer stories if available. Follow the Star’s live coverage on Monday.
8:15 a.m. PC Leader Doug Ford issued a release on tariffs on Monday, saying Ontario is banning American companies from provincial contracts.
“Starting today and until U.S. tariffs are removed, Ontario is banning American companies from provincial contracts.
Every year, the Ontario government and its agencies spend $30 billion on procurement, alongside our $200 billion plan to build Ontario. U.S.-based businesses will now lose out on tens of billions of dollars in new revenues. They only have President Trump to blame.
We’re going one step further. We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy.
8 a.m. The Canadian dollar fell to its lowest level in more than two decades after U.S. President Donald Trump announced sweeping tariffs to be enacted Tuesday.
The loonie was trading for 68.13 cents US, its lowest level against the U.S. dollar since 2003, compared with 69.04 cents US on Friday.
The futures market also pointed to large drops for U.S. stock markets when they begin trading this morning.
Read Sunday’s tariff live coverage
