After a lot of speculation that a trade deal between Canada and the United States was near, it all fell through at the last minute.

That means the tariffs are on and Canada will impose matching tariffs.

Prime Minister Mark Carney is expected to have more to say on the matter in the next day or two, but he says government will introduce additional measures to support Canadian workers and businesses, building on the nearly $25 billion in support provided over the past 18 months.

Carney adds that our economy is creating jobs at four times the rate of the United States, and Canada’s exports to non-U.S. markets are on track to double over the next decade.