Despite the move, Canada is still in active discussions with G7 allies to introduce an international tax, with Finance Minister François-Philippe Champagne leading that work, the PMO said.
If this ends up happening, it's important context to this decision.
If it ends up not happening...pretty weak shit.
I don't think this is entirely true - Trump is obviously not trustworthy, but the government has been able to leverage CUSMA to lessen the impact of the attempted tariffs. There seems to be some benefit to having a formal deal in place.
But I'm definitely not comfortable with this capitulation at all.