Mark Carney Vows Canada Will Match New U.S. Tariffs Dollar for Dollar

Canadian Prime Minister Mark Carney has announced that Canada will match the new U.S. tariffs dollar for dollar, as Ottawa steps up its response to ongoing trade tensions with the United States.

Canada will match the new U.S. tariffs dollar for dollar.

In addition, we are introducing $7.5 billion in new and enhanced measures to support Canadian workers and businesses. That builds on the nearly $25 billion in supports introduced since the implementation of the U.S.…

— Mark Carney (@MarkJCarney) August 25, 2026

Carney said the Canadian government is also introducing $7.5 billion in new and enhanced measures aimed at supporting Canadian workers and businesses affected by the tariffs.

According to Carney, the latest package builds on nearly $25 billion in support measures introduced since the implementation of what Canada considers unjustified U.S. tariffs.

The Canadian Prime Minister said the measures are focused on protecting Canadian jobs, industries and families as the country responds to the latest developments in Canada-U.S. trade relations.

“Canada will match the new U.S. tariffs dollar for dollar,” Carney said in his social media statement.

The announcement signals a stronger Canadian response to U.S. trade measures, with the government emphasizing support for domestic industries and workers while addressing the economic impact of tariffs.