Prime Minister Mark Carney announced dollar-for-dollar retaliatory duties following the collapse of trade negotiations and the implementation of an unprecedented US import tax.

President Trump is threatening to increase tariffs on Canadian goods, citing the country's handling of hundreds of wildfires currently polluting U.S. air. The move has triggered significant diplomatic tension and legislative threats from U.S. lawmakers.

Prime Minister Mark Carney and Alberta Premier Danielle Smith announced a joint partnership to construct a major oil pipeline to the Pacific Coast. The project aims to increase oil exports to Asia while incorporating new industrial carbon pricing and carbon capture commitments.