The Current The Current

What Canada's dollar-for-dollar counter-tariffs look like

Aug 25, 2026 · 19m

Summary

Host Susan Ormiston discusses Canada’s response to US trade escalations, featuring analysis from Catherine Cullen on new counter-tariffs and $7.5 billion in support for businesses and workers. Former minister Lisa Raitt weighs in on the economic risks and uncertainty, while small business owner Ben Edie shares the immediate impact of halted US sales. The episode highlights the government’s strategy to level the playing field amid rising tensions.

Topics discussed

Introduction to The Current and Frontburner podcasts Canada announces $27.6B in counter-tariffs against the US Analysis of counter-tariff strategy and economic impact Political reactions and calls for 'Buy Canadian' patriotism Government support for businesses: loans and EI changes Escalating rhetoric and diplomatic tensions with Trump Lisa Raitt on government response and unintended consequences Concerns over long-term uncertainty and investment chill Small business owner Ben Edie on immediate sales impact
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