B.C.’s honey producers are bracing for the sting of new 50 per cent tariffs as more than half of Canadian honey exports go south of the border.
“That means for Canadian beekeepers, they have to lower their price to be able to move it to the U.S.; that’s a disaster, I will tell you. Lots of beekeepers will go bankrupt,” Iman Tabari with BCB Honey Farm said.
The U.S. is threatening tariffs on $28 billion worth of Canadian exports, from dairy to alcohol to plywood and honey.
B.C. has an estimated 13 per cent of the share of those exports, which is more than any other province.
The deadline for those tariffs to be implemented was 9 p.m. Pacific time on Tuesday. Around 7:30 p.m. PT, U.S. President Donald Trump posted on Truth Social that he has paused the tariffs for three days as the U.S. and Canada have a deal about the Keystone XL Pipeline, subject to finalization of documents.
But that still leaves B.C. businesses on shaky ground.
Get daily National news
“B.C., Quebec and Ontario would be the provinces that would be most damaged by these 338 tariffs, and those, of course, are important provinces both politically and for the entire economic engine of Canada,” Lisa Raitt with the Canada-U.S. Economic Relations Advisory Committee said.
Prime Minister Mark Carney spoke with U.S. President Donald Trump on Tuesday, but his office did not disclose any details of those talks.
Global News has learned that sticking points include auto and lumber tariffs.
“Resolving the lumber tariffs will enable prosperity. If we have additional tariffs, it’s going to be very difficult for the Canadian industry and it’s going to add significant costs to U.S. consumers,” Kim Haakstad with the Council of Forest Industries said.
Premier David Eby says businesses hit by new tariffs can turn to a $1.5 billion federal emergency support fund, but with a record deficit, it’s not clear how much more the province can do to help.
“If these tariffs come into effect this evening or tomorrow, we’ll certainly have more to share and we’ll certainly be there to support those forestry businesses and those value-added businesses,” Ravi Parmar, B.C.’s minister of forests, said.
According to research your country doesn’t actually have an economy to speak of.
Sure is noticeable the amount of MAGA’S and Americans that are in here in the comments reading and commenting on Canadian news. MMmmmm…
..
Follow up: Yes, I do believe that everyone in the world can be placed into two camps; those that believe everything I believe, and Trump loving conservatives. There is no alternative.
Then stop trading with them. Send our honey elsewhere and bring in honey from elsewhere. Or bring in more Canadian honey to the stores we have lots!
I thought Carney was going to other markets. Now it seems Canadians are saying they need acess to the USA to survive. Carney stated Canada is its best customer and is self sufficient. Meanwhile he takes a vacation in Italy and not Canada.
The comments from the Trump loving Poilievre conservatives are outrageous. They don’t support Canada and would rather support Trump and the USA. Unpatriotic and disgraceful!
Oh well
I hope evey single one of them loses their job, their home and everything else
After almost 15yrs of decline extreme consequences is what it appears its going to take for Canadians to pull their heads out of their back ends
Canada wanted to go Elbows Up. These are the consequences. USA can make honey also, why do they want to buy from Canada
I thought Canada didn’t have to export we can support ourselves, we will be our own customers according to Carney. What a joke this government is they are killing Canada’s economy bit by bit.
Plenty of Canadians and businesses can consume this product. I wouldn’t lower the price whatsoever for American consumers. If they want it thst badly, they’ll pay!!