Market
How will Canada respond to U.S. tariffs threat by March 31, 2025?
2
Resolution / Starting Odds
Negotiate with U.S. • 25%
Impose retaliatory tariffs • 25%
Seek WTO intervention • 25%
Other • 25%
Official Canadian government announcements or credible news sources
Story
Canada's Deputy PM Freeland Resigns After Removal as Finance Minister
Dec 16, 2024, 04:18 PM
Canadian Finance Minister and Deputy Prime Minister Chrystia Freeland has resigned from Prime Minister Justin Trudeau's cabinet after being removed as Finance Minister last Friday. Freeland announced her resignation on December 16, 2024, citing disagreements over fiscal policy and how to respond to U.S. President-elect Donald Trump's threat to impose 25% tariffs on Canadian goods. In her resignation letter posted on social media platform X, she stated that she and Trudeau had been 'at odds' over the best path forward for Canada's economic future. Trudeau had offered her another position in the cabinet, but she declined.
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Non-tariff measures • 25%
No action • 25%
Dollar-for-dollar tariffs • 25%
Partial tariffs • 25%
Diplomatic negotiations • 25%
Other • 25%
No significant response • 25%
Retaliatory tariffs • 25%
No response • 25%
Retaliatory tariffs • 25%
Negotiations initiated • 25%
Other economic measures • 25%
Retaliatory tariffs • 25%
Other • 25%
No action • 25%
Negotiations • 25%
Retaliatory tariffs • 25%
Increased border security • 25%
Diplomatic negotiations • 25%
Other measures • 25%
Targeted sector-specific tariffs • 25%
No retaliation • 25%
Dollar-for-dollar tariffs • 25%
Non-tariff barriers • 25%
Dollar-for-dollar matching tariffs • 25%
Non-tariff barriers • 25%
Diplomatic measures • 25%
No response • 25%
Negotiations Initiated • 25%
Retaliatory Tariffs Imposed • 25%
Other Diplomatic Actions • 25%
No Response • 25%
Other • 25%
Appeal to international trade organizations • 25%
Equivalent tariffs on U.S. imports • 25%
Diplomatic negotiations • 25%