OTTAWA - Prime Minister Mark Carney announced Friday a suite of new measures to support sectors of the economy hit hardest by U.S. tariffs.

The announcement includes $5 billion for a new fund to help companies pivot to new products and markets and keep skills and production in Canada, and to make them more competitive globally.

At a press conference at an aerospace plant in Mississauga, Ont., Friday morning, Carney said that the fund would be open to "all sectors, given the fact that the tariff impacts are wide-ranging across Canadian industries." He said that heavily affected sectors like steel, automobile, lumber and aluminum would have priority.

Carney also announced a “Buy Canadian” policy for the federal government. A government backgrounder said the policy would require materials

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