Event Brief
Joly unveils $1.5B tariff support plan as trade war hits Canada
Filed: May 04, 2026 at 12:05 PM ET
Summary: Foreign Affairs Minister Joly announced a $1.5 billion tariff support plan, including $1 billion in loans.
WHO: Joly
WHAT: Unveiled a $1.5 billion tariff relief plan split into two parts, starting with $1 billion in loans by the Business Development Bank of Canada
WHEN: May 04, 2026 at 10:40 AM ET
WHERE: Canada
WHY: To provide relief in response to Canada being affected by a trade war.
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