Good morning! Welcome back to Queen Street Analytics' weekly roundup of US-Canada trade relations and foreign relations, drawing on both Canadian and US government sources.

Every Monday, we break down the most important updates in this space in under five minutes.

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Start Date: 2025-03-23
End Date: 2025-03-29

Top Headlines

Main Stories

G7 National Security Advisors Meet to Advance Ukraine Peace Talks

On March 28, 2025, Nathalie G. Drouin, Canada's National Security and Intelligence Advisor to the Prime Minister, convened a meeting of G7 National Security Advisors and Ukraine to discuss advancing peace talks. The discussions included efforts by the US and Ukraine to achieve a ceasefire and emphasized the importance of sanctions against Russia. Canada reaffirmed its support for Ukraine in deterring future aggression.

Sources: Announcements: www.canada.ca

Canada Border Services Agency Extends Financial Security Deadline for Importers

The Canada Border Services Agency announced a 30-day extension for commercial importers to submit financial security under the CARM system. Importers now have until May 20, 2025, to comply. Failure to post financial security by this deadline may result in delays at the border due to the inability to release goods prior to payment of duties and taxes.

Sources: Announcements: www.canada.ca

Measures to Protect the 2025 Canadian General Election

The Canadian government has outlined robust measures to safeguard the integrity of the 2025 general election against foreign interference. The Security and Intelligence Threats to Elections Task Force will monitor and address threats, including foreign interference and domestic extremism, ensuring Canada’s electoral processes remain secure.

Sources: Announcements: www.canada.ca

CBSA Investigates Dumping of Polyethylene Terephthalate Resin

The Canada Border Services Agency initiated investigations into the dumping and subsidizing of PET resin from China and Pakistan. This action, under the Special Import Measures Act, will assess potential injury to Canadian industry, with the Canadian International Trade Tribunal conducting a preliminary inquiry.

Sources: Gazette, Part I: www.gazette.gc.ca

US Expands Entity List Targeting Chinese and Taiwanese Firms

The US Department of Commerce has added 12 entities from China and Taiwan to the Entity List, effective March 25, 2025. The entities are linked to military modernization and AI development, with license requirements imposed to restrict access to US-origin items. This move is part of ongoing efforts to safeguard US national security interests.

Sources: U.S. Federal Announcements: www.federalregister.gov

Important Updates

Secondary Stories

OFAC Updates Sanctions List

OFAC has removed an entity from the SDN List and updated an individual's designation, ensuring ongoing compliance with US foreign policy objectives.

Sources: U.S. Federal Announcements: www.federalregister.gov

Canada Gazette Publishes New Export Control List Amendments

Amendments to Canada's Export Control List now include new sensitive technologies with potential military applications, aligning with international efforts to regulate technology transfers.

Sources: Canada Gazette, Part II: www.gazette.gc.ca

31% Rise in Steel Import Monitoring Data

The Canadian Steel Import Monitoring Program reported a significant increase in data collection, reflecting ongoing trade compliance efforts.

Sources: Open Government Data Set: open.canada.ca

New Brunswick Celebrates Exporting Achievements

Opportunities NB will honor 32 companies at its 57th annual gala, recognizing their contributions to the province's exports and economic resilience.

Sources: Provincial Announcement: www2.gnb.ca

RCMP Prepares for G7 Summit Security

The RCMP has been studying the impact of US policies on border security, preparing for the upcoming G7 Leaders' Summit in Kananaskis.

Sources: Open Government Data Set: open.canada.ca

Provincial Announcements

Alberta Premier Advocates Against US Tariffs

Premier Danielle Smith is engaging US audiences to argue against tariffs, emphasizing the economic importance of Alberta's energy sector.

Sources: Provincial Announcement: www.alberta.ca

Nova Scotia Leads with Free Trade Legislation

Nova Scotia introduced legislation to enhance inter-provincial trade, aiming for economic resilience amid US tariff threats.

Sources: Provincial Announcement: news.novascotia.ca

Manitoba Launches Made-in-Manitoba Tariff Response

Manitoba announced a $1.5 million investment in a tariff response program to support local manufacturers affected by US tariffs.

Sources: Provincial Announcement: news.gov.mb.ca

Québec Budget Addresses US Tariff Impact

Québec's budget includes measures to counteract US tariffs, with $5.4 billion allocated for economic support and innovation.

Sources: Provincial Announcement: www.quebec.ca

Alberta Announces Reservist Leave for G7 Summit

Alberta has approved reservist leave to support Canadian Armed Forces during the G7 Summit, enhancing security capabilities.

Sources: Provincial Announcement: www.alberta.ca

Manitoba Partners for Mineral Market Growth

A $1.5 million investment in Manitoba's critical minerals sector aims to attract international investment and reduce reliance on US markets.

Sources: Provincial Announcement: news.gov.mb.ca

Québec Commits to Strong Public Services Amid Tariff Tensions

Québec's expenditure budget emphasizes public service improvement and economic protection in response to US tariffs.

Sources: Provincial Announcement: www.quebec.ca

Alberta Stands Against US Tariffs in Legislature

Premier Smith addressed the Alberta Legislature, outlining actions taken to counter US tariffs and support provincial interests.

Sources: Provincial Announcement: www.alberta.ca

Public Officials' Social Media

Julie Dzerowicz Criticizes US Tariffs on Auto Industry

MP Julie Dzerowicz tweeted about the impact of US tariffs on Canada's auto sector, emphasizing the Liberal party's efforts to protect workers.

Sources: Social Media: x.com

Pierre Poilievre Advocates for Canadian Economic Independence

MP Pierre Poilievre expressed plans for a Canada First economic policy, focusing on building resilience against US tariffs.

Sources: Social Media: x.com

Adam van Koeverden Addresses US Tariffs

MP Adam van Koeverden tweeted about the adverse effects of US tariffs on Canadian industries, asserting Canada's strength and resolve.

Sources: Social Media: x.com

François-Philippe Champagne on Cabinet Meeting

MP François-Philippe Champagne tweeted about an early morning trip to Ottawa for a Cabinet meeting focused on Canada-US relations.

Sources: Social Media: x.com

Ryan Williams Comments on Auto Tariffs

MP Ryan Williams shared Pierre Poilievre's stance against Trump's tariffs, highlighting the need to protect Canadian jobs.

Sources: Social Media: x.com

Patrick Brazeau on US Tariff War

Senator Patrick Brazeau addressed the tariff war with the US, calling for unity among Canadians against external threats.

Sources: Social Media: x.com

Tony Dean Shares Article on Tariff Politics

Senator Tony Dean tweeted a link to a Globe and Mail article discussing Alberta Premier Danielle Smith's request to pause US tariffs.

Sources: Social Media: x.com

Julie Dzerowicz on US Auto Tariffs

MP Julie Dzerowicz highlighted the threat of US tariffs on Canadian auto imports, echoing PM Mark Carney's call for economic autonomy.

Sources: Social Media: x.com

Francesco Sorbara Criticizes US Tariffs

MP Francesco Sorbara tweeted about US President Trump's tariffs, quoting PM Mark Carney's response to fight back and protect Canada.

Sources: Social Media: x.com

What We're Reading This Week

• Caught in the middle, this quaint US exclave is grappling with Trump's trade war with Canada: The Globe and Mail explores the impact of US tariffs on a US exclave.
• Bloc Québécois calls for ‘buy Canadian’ act to counter U.S. protectionist measures: The Star reports on the Bloc Québécois's proposal to counter US tariffs.
• Canada’s corrugated industry works to untangle from U.S. as tariffs loom: The Globe and Mail covers the challenges facing Canada's corrugated industry amid US tariffs.
• Mead, prune wine, snuff and burial shrouds. Canada’s retaliatory tariffs hit a long list of oddball products: The Globe and Mail lists the unusual items affected by Canada's retaliatory tariffs.
• James Moore: How to make us less dependent on the U.S.: CTV News covers strategies for reducing US dependency.
• The U.S. waged a trade war against Canada before. Here’s how it ended: The Globe and Mail provides historical context on US-Canada trade tensions.
• Canada, U.S. textile officials seek tariff relief from Trump administration: The Globe and Mail discusses efforts to secure tariff relief for textiles.
• Caught in the middle, this US oddity at the border is grappling with Trump's trade war with Canada: The Globe and Mail examines the effects of the trade war on a US border anomaly.