Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.

Canadian officials and business leaders seemed relieved earlier Monday when it became clear the Trump administration wasn't going to impose 25% tariffs on Canadian goods on day 1 of its term, but anxiety returned after President Trump said from the Oval Office that the U.

Canada's response to the tariff threat will be at the centre of today's first ministers' meeting, which the premiers requested to get a better sense of what Ottawa has planned for the weeks ahead. Most of the 13 premiers will be in the nation's capital, while some will join the conversation virtually.

Our neighbor to the north is one of the most trade-dependent countries in the world, and 75% of its exports, which include automobiles and parts, go to the U.S.

Trump was quoted saying his team was thinking of tariffs around 25% which could be announced on Feb. 1 but offered no other specifics.