# Canada and Ontario unveil C$8.7 billion package to counter US tariffs

https://mins.news/en/item/110486

- CGTN, 2026-10-22 00:20 UTC
- Economy
- Original: https://news.cgtn.com/news/2026-10-22/Canada-and-Ontario-unveil-C-8-7-billion-package-to-counter-US-tariffs-1RrjHrEcD9S/p.html?UTM_Source=cgtn&UTM_Medium=rss&UTM_Campaign=World

> Prime Minister Mark Carney and Ontario Premier Doug Ford announced an C$8.7 billion support plan for steel, automotive and critical mineral industries. It includes a joint steel fund, auto production-line upgrades and infrastructure to strengthen northern Ontario’s critical-mineral supply chain, aiming to protect workers and businesses from US tariffs and support long-term growth.

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