Two-Thirds of Calgary's Estimated Tariff Risk Comes From Ottawa's Own Counter-Tariffs

A new update from Calgary city administration assigns an origin to the city's tariff exposure: nearly two-thirds of the estimated tariff-related risk Calgary faces comes from the federal government's counter-measures, CBC reports. City councillors are now asking Ottawa for more relief.

Canada's counter-tariffs are its answer to tariffs imposed elsewhere, which leaves the city's largest identified exposure a homegrown one — an awkward position for a municipality petitioning the same government that created it. The figure is a share of estimated risk, not a tally of money already lost.