Premier Tim Houston stated that Nova Scotia will continue to feel the impacts of U.S. trade policies.
While Canada has managed to avoid some of the harshest tariffs, Houston explained that current measures still impact the province’s economy.
In his latest statement, he detailed plans to support local businesses, which might include providing loans, grants, or assistance with diversification efforts to help them adapt to the changing trade landscape.
He also mentioned plans to review contracts with U.S. suppliers and maintain retaliatory measures, such as imposing higher tolls on American commercial vehicles.
Houston emphasized the importance of protecting Nova Scotia’s businesses and reducing dependence on the U.S. by exploring new markets and diversifying trade opportunities.
He reaffirmed his commitment to prioritizing Canadian businesses and finding ways to help Nova Scotians navigate these challenges.
“The message from this experience remains loud and clear – putting too many eggs in one basket is never a good idea. This is why we will work hard to ensure that Nova Scotia becomes increasingly self-reliant,” he stated.
Despite the challenges, the premier expressed optimism for the future, believing that Nova Scotians will remain resilient and that Canada’s relationship with the U.S. can overcome these tensions.
“Thousands of Nova Scotians are exhausted from the stress of dealing with this uncertainty and instability. But please know that we are here for you. We will do whatever it takes to protect you,” he added.
