Economic Stabilization (Tariff Response) Act

Economic Stabilization (Tariff Response) Act
Legislature of British Columbia
CitationS.B.C. 2025, c. 11
Assented toMay 29, 2025
Legislative history
Bill citationBill 7
Introduced byNiki Sharma MLA, Attorney General and Deputy Premier
First readingMarch 13, 2025
Second readingApril 3, 2025
Third readingMay 28, 2025
Status: Current legislation

The Economic Stabilization (Tariff Response) Act is an act of the Legislature of British Columbia. It is sponsored by Niki Sharma.

Background

In 2025, tariffs in the second Trump administration were announced, and the Government of British Columbia passed the legislation in response to the economic instability the tariffs caused.[1]

Provisions

The legislation allows the government to end government contracts with American companies and gives protections to officials who do so from consequential legal ramifications.[2]

The government is enabled to tax American supply trucks that use British Columbia highways and ferry terminals, with details including the levels of fines to be set later by regulation.[2] This measure was intended to pressure the Alaskan state government to position itself against the tariffs.[3]

Goods manufactured in other provinces are treated like they were manufactured in British Columbia.[2]

Reception

The provincial Green Party criticized part of the original bill which would have given the government significant to make legislation or regulations for two years without having to go to the legislature, but these were removed by amendment during the legislative passage.[4] These powers would have expired in 2027.[5] The provincial Conservative Party then criticized the legislation, saying it should start the legislative passage from the beginning.[6]

References

  1. ^ Wood, Graeme (March 13, 2025). "B.C. bill targets road tolls, contracts, interprovincial trade in tariff response". Business Intelligence Vancouver. Archived from the original on July 1, 2025. Retrieved July 1, 2025.
  2. ^ a b c Shaw, Rob (March 31, 2025). "Rob Shaw: Fixes to Eby's controversial tariff bill don't go far enough, say business leaders". Business Intelligence Vancouver. Archived from the original on July 1, 2025. Retrieved July 1, 2025.
  3. ^ Leyne, Les (March 15, 2025). "Les Leyne: B.C. Premier David Eby grabs maximum power for tariff war". Times Colonist. Archived from the original on July 1, 2025. Retrieved July 1, 2025.
  4. ^ "David Eby walks back key portion of proposed B.C. tariff response legislation following backlash". Delta Optimist. March 28, 2025. Archived from the original on March 30, 2025. Retrieved July 1, 2025.
  5. ^ Kurjata, Andrew (March 13, 2025). "B.C. government introduces legislation giving itself sweeping powers to deal with U.S. trade threats". CBC News. Archived from the original on March 14, 2025. Retrieved July 1, 2025.
  6. ^ Melnychuk, Phil (April 10, 2025). "B.C. Conservatives say gov't should start over on trade bill". Delta Optimist. Glacier Media Group. Archived from the original on April 10, 2025. Retrieved July 1, 2025.
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