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Carney's Retaliation List: What It Could Mean for Your Grocery Bill

  Published August 22, 2026 · Canadian Money Brief The 50% U.S. tariffs on roughly $28 billion of Canadian goods are no longer a threat — they took effect at 12:01 a.m. Saturday after last-minute talks between Ottawa and Washington collapsed Friday night. Prime Minister Mark Carney responded by suspending negotiations entirely and promising to hit back "dollar for dollar." Unlike the tariff deadline itself, this part isn't happening tonight: Carney says Canada's countermeasures won't take effect until September 8 , and the exact product list is still being finalized. That two-and-a-half week gap matters for your wallet. It's a window where the general shape of the retaliation is known, but the fine print — the specific products, the exact surtax rates, which exemptions get carved out — is still being written in Ottawa. Here's what's confirmed, what history tells us to expect, and how to think about the impact on your own spending. What's confirmed ...

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Canada Supports South Africa Amid U.S. Boycott of G20 Meeting



In a significant show of solidarity, Canada has stepped up to support South Africa as it faces mounting pressure due to the United States' decision to boycott historic G20 meetings. Canadian Foreign Minister Mélanie Joly emphasized Canada's commitment to multilateralism and international cooperation, highlighting the importance of standing by South Africa during its G20 presidency.

South Africa, the first African nation to lead the G20, aims to advance the interests of developing countries in discussions with the world's wealthiest nations. However, the U.S. has chosen to boycott the meetings, citing disagreements with South Africa's policies and priorities. U.S. Secretary of State Marco Rubio has criticized South Africa's focus on themes such as solidarity, equality, and sustainability, which he views as contrary to American interests.

Despite the U.S. absence, other major players, including Russia, China, and the European Union, have expressed their support for South Africa's leadership. Canadian Foreign Minister Joly reiterated Canada's commitment to working with South Africa and other G20 members to address global challenges such as debt refinancing and climate change mitigation.

As the G20 meetings continue in Johannesburg, Canada's support serves as a crucial counterbalance to the U.S. boycott, ensuring that the voices of developing nations are heard and their interests are represented on the global stage.



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