Canadian Ministers Meet to Discuss U.S. Tariff Response

Canada's federal, provincial, and territorial Energy and Mines Ministers convened in Toronto at the Prospectors & Developers Association of Canada (PDAC) meeting. The agenda focused on discussing restrictions placed by the United States through recent tariffs.

In a joint statement, the ministers expressed concern about these tariffs, describing them as 'unjustified.' They highlighted their plans to support the competitiveness of Canadian companies in the global market by proposing improvements in permitting and regulatory processes, aiming for more efficient and timely resource development.

The ministers' meeting at PDAC is noted as part of continuous efforts to address trade challenges facing Canadian industries. Specific details on regulatory changes and timelines for implementation were not disclosed in the statement.