The city香蕉视频直播檚 general manager of corporate services believes it will be some while before U.S. tariffs imposed on Canada on Mar. 4 are felt by the municipality.
香蕉视频直播淯sually I start out with I香蕉视频直播檓 happy to present a report but I think I香蕉视频直播檓 less happy about this one than many others we香蕉视频直播檝e brought before you,香蕉视频直播� Joe Sass told council at its Monday (Mar. 3) meeting. 香蕉视频直播淭he impacts of this won香蕉视频直播檛 likely be felt immediately, it will take some time.香蕉视频直播�
Kelowna staff have identified several areas that could be affected, including infrastructure contracts at Kelowna International Airport worth around $3 million U.S., and materials for infrastructure projects with an estimated $20 million U.S. in spending at risk in 2025.
Sass said a critical incident response team has been formed to monitor risks.
香蕉视频直播淎t this point 99 per cent of our suppliers are Canadian,香蕉视频直播� he pointed out. 香蕉视频直播淭here is some second-layer risks. Some of our direct Canadian proponents may have some exposure to American products, but that is something we will work through in time.香蕉视频直播�
One tricky issue is how to prioritize Canadian-made goods without violating trade agreements. While the city can香蕉视频直播檛 implement a strict 香蕉视频直播淏uy Canadian香蕉视频直播� policy, it can identify more Canadian suppliers to strengthen interprovincial trade, and adjust procurement strategies to favour Canadian companies when allowed.
A staff report recommends not implementing a 香蕉视频直播渞estrictive Canadian-only policy, but instead focus on local value-based performance criteria.香蕉视频直播�
香蕉视频直播淭here are a number of strategies we have already employed recognizing ongoing risk,香蕉视频直播� Sass noted. 香蕉视频直播淎s an example, we hold more US dollars today than we would typically hold香蕉视频直播ust to give us some up front mitigation knowing we have risk coming down the pipe.香蕉视频直播�
Councillor Ron Cannan, who was on International Trade Committee for several years while a Member of Parliament, expects the tariffs will be short-lived.
香蕉视频直播淎mericans are going to be paying for this as well,香蕉视频直播� he added. 香蕉视频直播淎s soon as they start to get push back they香蕉视频直播檒l be retaliating and in-fighting.香蕉视频直播�
