Gratton highlighted the temporary reprieve offered by a 30-day delay on proposed tariffs — a 25% levy on most Canadian imports and a 10% tariff on energy resources, including coal, uranium, and critical minerals. “This provides breathing room for our industry,” he remarked. However, he cautioned against complacency, urging industry leaders to use this time for strategic planning.
Canadian miners, Gratton noted, benefit from their ability to operate independently of the US market. Even companies reliant on American buyers can quickly pivot to global markets, securing alternative buyers for their metals and minerals.
Gratton also voiced concern about the broader implications of the tariffs on Canada-US trade relations, particularly in critical minerals.
“These tariffs could undermine our established relationship in critical minerals,” he warned, underscoring the need for continued cooperation and a robust…
