Skip to Content Subscribe My Account Manage My Subscriptions FAQ Newsletters Canada Canadian True Crime Canadian Politics Health World Israel & Middle East Financial Post NP Comment Longreads Puzzmo Diversions Comics NP News Quiz New York Times Crossword Horoscopes Life Eating & Drinking Style Sponsored Play for Ontario Travel Travel Canada Travel USA Travel International Cruises Travel Essentials Culture Books Celebrity Movies Music Theatre Television Business Essentials Advice Lives Told Tails Told Shopping Buy Canadian Home Living Outdoor Living Kitchen & Dining Tech Style & Beauty Personal Care Entertainment & Hobbies Gift Guide Travel Guide Amazon Prime Day Deals Savings National Post Store More Sports Hockey Baseball Basketball Football Soccer Golf Tennis Driving Vehicle Research Reviews News Gear Guide Obituaries Place an Obituary Place an In Memoriam Classifieds Place an Ad Celebrations Working Business Ads Archives Healthing Epaper Manage Print Subscription Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ Newsletters Canada World Financial Post NP Comment Longreads Puzzmo Diversions Life Shopping Epaper Manage Print Subscription HomeNewsCanadaCanada to announce loans, benefits as part of domestic response to U.S. tariffs: sourceMeasures reportedly include expanded jobless benefits and business loans similar to COVID-era assistanceAuthor of the article:Finance Minister Francois-Philippe Champagne, will be joined by Industry Minister Melanie Joly, Jobs Minister Patty Hajdu and Evan Solomon, the minister for artificial intelligence, at a Tuesday morning press conference to outline domestic measures to new U.S. tariffs on Canadian imports. the Finance Department said Monday. Photo by Blair Gable /PostmediaCanada’s government on Tuesday will announce a range of measures to “protect and support” its workers and businesses in response to 50 per cent U.S. tariffs which were applied to about US$20 billion of its annual exports on Saturday.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorFinance Minister Francois-Philippe Champagne, Industry Minister Melanie Joly, Jobs Minister Patty Hajdu and Evan Solomon, the minister for artificial intelligence, will hold a press conference to outline measures at 11 a.m. Ottawa time, the Finance Department said Monday.Domestic measures will include expanded jobless benefits, people familiar with the planning said, asking not to be named because they aren’t authorized to speak publicly. Officials will also roll out loans for businesses affected by the tariffs, one of the people said — akin to coronavirus-era economic support programs. The government is calling it the “One Canadian Economy Agenda,” that person added.Get a dash of perspective along with the trending news of the day in a very readable format.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of NP Posted will soon be in your inbox.We encountered an issue signing you up. Please try againOn Saturday, Prime Minister Mark Carney said Canada would retaliate with “dollar-for-dollar” counter-tariffs in areas including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. That pledge has already prompted a threat from President Donald Trump to escalate by increasing automobile tariffs against Canadian vehicles and parts.Carney had a slightly more nuanced message at a press conference on Monday.“The American economy is much, much bigger, at least for the time being, than the Canadian economy,” he said in French, according to a live translator. “Because of this, it will be difficult to have dollar-for-dollar — always difficult to carry out dollar-for-dollar retaliation, so we might go the more targeted way,” before adding “everything is on the table.”Carney’s office didn’t immediately respond to a request for comment.— With assistance from Brian Platt and Vipal Monga.Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our daily newsletter, Posted, here. 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