CP NewsAlert: Eby calls Trump tariffs ‘economic war’ that would cost B.C. $69 billion

By Canadian Press on January 16, 2025.

British Columbia Premier David Eby says U.S. president-elect Donald Trump has made a “declaration of economic war” on Canada and B.C. with his proposed 25 per cent tariffs on Canadian goods.

Eby and Finance Minister Brenda Bailey released costings that suggest the tariffs and a similar response from Canada would cumulatively cost B.C. $69 billion by 2028.

The costings also estimate 124,000 fewer jobs in the province by 2028 and that the unemployment rate would rise to 7.1 per cent next year.

More coming.

The Canadian Press