Ottawa – Canadian Finance Minister Dominic LeBlanc has reportedly called for new measures to combat rising U.S. protectionism, according to a confidential memo obtained by sources. In the document, LeBlanc urges officials to propose spending initiatives aimed at strengthening Canada’s economic resilience amid growing trade tensions with its southern neighbor.
The memo highlights concerns over recent U.S. policies that could impact key Canadian industries, including manufacturing, energy, and agriculture. LeBlanc is said to be exploring ways to safeguard Canadian businesses and workers, emphasizing the need for proactive financial strategies to counter potential economic fallout.
While details of the proposed measures remain undisclosed, insiders suggest that options on the table include targeted subsidies, investment incentives, and new trade diversification efforts. The memo also signals a push for diplomatic engagement to mitigate the risks posed by U.S. trade restrictions.
With protectionist policies becoming a central theme in American economic strategy, Canada faces increasing pressure to defend its competitive position. The government’s response is expected to shape the country’s trade policies and economic stability in the coming months.