B.C. businesses could access $1.5B federal emergency fund if new U.S. tariffs take effect, Eby says

British Columbia Premier David Eby says businesses affected by potential new U.S. tariffs would be eligible to access a $1.5 billion federal emergency fund if the measures are implemented.

According to Eby, Prime Minister Mark Carney confirmed the regional emergency fund remains available to support provinces facing economic impacts from U.S. trade action. Eby said the funding could provide relief to B.C. industries if the United States proceeds with proposed tariffs on Canadian goods, including duties of up to 50 per cent on certain wood products beginning Aug. 19.

The premier said uncertainty surrounding the proposed tariffs is already affecting businesses across British Columbia, adding that the ongoing trade dispute is creating financial pressure even before any new measures take effect.

Eby also said British Columbia has no plans to return U.S. liquor products to provincial store shelves, despite calls from U.S. President Donald Trump. He said provinces that removed American liquor from government stores continue to view the measure as an important negotiating tool in Canada's trade discussions with the United States.

The comments come as a new 10 per cent U.S. tariff on certain Canadian goods has added pressure on Canadian exporters. The tariff was imposed over allegations that Canada has not done enough to prevent imports of products made with forced labour into the United States.