logo
N.B. premier to focus on tariffs, energy projects at Boston meeting with U.S. governors

N.B. premier to focus on tariffs, energy projects at Boston meeting with U.S. governors

CTV News12-06-2025
New Brunswick Premier Susan Holt is hoping to stress the harmful impact of tariffs on Canadians and Americans at an upcoming meeting of leaders from both sides of the border in Boston next week.
Holt will be joining several premiers at a meeting with six northeastern U.S. governors in Boston on Monday. Massachusetts Gov. Maura Healy extended the invitation to the premiers last month.
'Canada is Massachusetts' number one trading partner,' Healy said in a news release. 'For generations, we have enjoyed a strong partnership and a healthy exchange of energy, lumber, dairy, cars and car parts, seafood and more.
'President Trump's tariffs are undermining this partnership, making it harder for businesses to keep their doors open, and increasing the cost of everything that the New England and Canadian people rely on.'
Holt, at a news conference on Thursday, said her focus at the meeting will be the ongoing tariff situation and explaining their effects to her American colleagues.
'Ideally what we'd get is the governors agreeing to articulate their objections to the tariffs,' she said. 'If we can get everyone agreeing that the tariffs are negatively impacting Americans and passing that message on to the White House, that would be a win.'
Holt also said she plans to highlight 'critical files' at the meeting, including energy development.
'New Brunswick supplies a lot of energy products to New England,' she said. 'I think 90 per cent of the cars in Boston are driving with gas that comes from the Irving refinery and us. They are keen to make sure we will continue to be a reliable supplier of energy to them.
'We see the U.S. as a market to sell energy in a way that is profitable and beneficial to New Brunswick.'
Earlier this month, New Brunswick hosted the Southeastern United States - Canadian Provinces Conference in Saint John, bringing together business and government leaders to explore investment opportunities across the border.
The conference, which was last held in New Brunswick in 2011, welcome more than 240 delegates and more than 95 companies.
More to come…
Susan Holt
N.B. Premier Susan Holt speaks at a news conference. (Source: Avery MacRae/CTV News Atlantic)
For more New Brunswick news, visit our dedicated provincial page.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Two of Canada's most senior ministers head to Mexico to talk discuss trade
Two of Canada's most senior ministers head to Mexico to talk discuss trade

CTV News

time23 minutes ago

  • CTV News

Two of Canada's most senior ministers head to Mexico to talk discuss trade

The flags of Mexico and Canada fly near the Ambassador Bridge, Monday, Feb. 3, 2025, in Detroit. (AP Photo/Paul Sancya) Two of Canada's most senior cabinet ministers will be in Mexico City this week holding bilateral meetings with government officials and the Mexican president, as Canada looks to improve its trading partnerships outside the United States. Senior government officials confirmed to CTV News that the meeting, which will involve Finance Minister Francois-Philippe Champagne and Foreign Affairs Minister Anita Anand, will take place Tuesday and Wednesday. The talks are expected to cover trade and the larger relationship between the two countries. That relationship suffered in the past year, when Ontario Premier Doug Ford called on Canada to seek a unilateral trade deal with the United States – without Mexico – and accused the country of undercutting North American manufacturers. Canadian business leaders say the upcoming talks show an effort to strengthen ties at a time when both countries are facing volatility from the United States. 'When we talk to Mexico, when we talk to their embassies in Canada, they are very eager to reset the relationship,' Catherine Fortin-LeFaivre, senior vice-president of International Policy and Global Partnerships at the Canadian Chamber of Commerce, said Sunday. While Canada faces new blanket 35 per cent tariffs on Canadian goods that aren't covered under the Canada-United States-Mexico Agreement, Mexico received a 90-day extension to continue trade talks with the U.S. before it sees blanket tariffs increase from 25 per cent to 35 per cent. Last month, Prime Minister Mark Carney and Mexican President Claudia Sheinbaum spoke over the phone, with the two leaders agreeing to improve trade collaboration between the two nations. Carlo Dade, director of international policy at the University of Calgary's School of Public Police, said Canada having open dialogue and strong ties with Mexico is 'a good sign.' 'If we weren't talking to Mexico, there would be reason to be concerned and worried,' Dade told CTV News. He added that Canada hasn't taken advantage of being in close proximity to a country like Mexico that has a higher per-capita GDP than China. 'The infrastructure is there, we have CPKC - Canada-Pacific Kansas City Railroad - so there's (an) integrated North American railroad,' Dade said. 'We have a trade agreement, we have decades of strong, strong, political and economic relations – the only missing factor has been a willingness of Canadian business to seize the opportunities. Mexico has been marked as a priority market to expand trade with by Export Development Canada. While it is already Canada's third-largest trading partner, with nearly $56 billion dollars in two-way merchandise crossing the border in 2024, it represented just over one per cent of Canadian exports that year. Fortin-LeFaivre says those relations will be crucial, particularly if the United States looks to move from a trilateral free trade agreement to two bilateral deals. 'It will be imperative that if that is happening that we have a very strong connection with Mexico directly, without the U.S. being there,' she said. Friday, Carney reiterated Canada's commitment to the CUSMA agreement while condemning Trump's recent tariff increase.

Ontario's craft brewers, distillers rejoice at new alcohol tax cuts. But consumers may not see much in savings
Ontario's craft brewers, distillers rejoice at new alcohol tax cuts. But consumers may not see much in savings

CBC

time24 minutes ago

  • CBC

Ontario's craft brewers, distillers rejoice at new alcohol tax cuts. But consumers may not see much in savings

Social Sharing Ontario craft brewers and distillers say they're sighing in relief after new provincial alcohol tax cuts came into effect on Aug. 1, reducing taxes and markups for spirits, ready-to-drink (RTD) beverages and local beer. The changes come as Premier Doug Ford's government works "to support a modernized and competitive alcohol marketplace," according to a notice from the province detailing the cuts. The tax relief is much-needed for local businesses surviving on tight margins, said Steve Himel, co-founder of Henderson Brewing Company in Toronto. "It makes such a huge difference," he said. "There's a lot more cost that goes into making craft beer and the last few years have been a challenge. So this tax cut is so well-timed. It really helps us to be competitive again." While Himel and other Ontario alcohol producers say the changes will help their businesses invest in future growth, he says the cuts might not result in price drops for consumers. "We have the opportunity to either choose to be more competitive or to reinvest in our business," Himel said, adding his business will likely do a combination of both. "It's a bit of wait-and-see." The province's tax cuts include the following changes: Spirits: basic tax reduced by half to 30.75 per cent Beer: basic tax rates reduced by half for Ontario microbreweries to 17.98 cents per litre for draft beer and to 19.88 cents per litre for non-draft beer LCBO basic markup rate for cider reduced to 32 per cent LCBO markup rates for wine and spirit-based RTDs with an alcohol content lower than 7.1 per cent will be reduced to 48 per cent WATCH | Ontario craft brewers urged the government last year to reduce alcohol taxes: Ontario craft brewers say they're struggling to keep up due to high taxes 10 months ago Ontario craft brewers say the provincial government needs to speed up its review of alcohol taxes as the retail market expands. The review started last year after the association representing craft brewers launched a campaign highlighting that Ontario has the highest craft beer taxes in Canada. Now, a new campaign called Save Local Craft Beer aims to keep the issue top of mind. Cuts will help offset tariff costs, says distillery owner The tax relief will likely help offset the tariff costs on aluminum cans that Reid's Distillery uses for spirit-based RTDs, says owner Graham Reid. He says while their RTDs have become 15 cents cheaper in-store and at LCBO locations, the business will not yet be reducing the price of its spirits. From a $50 bottle of gin, almost $38 went to taxes before the cuts, says Reid. He says the company would earn about $4 in profit after taking out costs for materials and labour. But now, Reid says the company plans to keep prices the same to increase their profit margins for further growth. "Previous to the tax cuts, it was more affordable to import your product than to produce it here in Ontario," said Reid. "That shouldn't be the way it is." The new cuts not only serve as a gentle reminder for Ontarians to buy local, he says, but have also started a conversation about how much local alcohol producers are being taxed. "There's a reason there's only a handful of distilleries still thriving here in Toronto and Ontario, and it is really tough," Reid said. The move to buy local and support Canadian businesses has been a tremendous shift for the industry and the tax cuts on top of that are "hugely beneficial" for Ontario producers, says Shehan De Silva, founder of Craft 360 Beverages. He says the cuts will help keep breweries across the province in business after a tough few years and allow them to review prices for consumers. "It was definitely a sigh of relief and after a lot of tough news over [the COVID-19 pandemic], this is definitely welcome," he said. "Certainly we're going in and reviewing all pricing now with full understanding of the impact of these changes." The cuts are "a game changer" and one of the biggest decisions to impact Ontario's craft beer industry in a generation, said Scott Simmons, president of the Ontario Craft Brewers, in a written statement. "[The] tax changes have put it on a path that will see breweries grow, create even more jobs, invest in their communities, and get more local beer on store shelves — I think that's something we can all cheers," he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store