Deal before G7 meeting in mid-June possible, according to people on both sides of border

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A deal between Ottawa and Washington before the G7 summit in Kananaskis, Alta., is the latest speculation in the ongoing trade saga.

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The speculation was going full tilt as Toronto’s business community came out for a speech to the Empire Club from Ambassador Pete Hoekstra, U.S. President Donald Trump’s new emissary to Canada.

Yes, the Trump administration said Tuesday that steel and aluminum tariffs would double Wednesday, but as Trump’s ambassador to Canada spoke to a business crowd, some in the audience were talking about a deal.

“It will be before the G7, perhaps as early as next week,” one well-placed source said.

As I told @EmpireClub today, I’m optimistic about where the U.S.-Canada relationship is, and I’m even more optimistic about where it is going. We have smart people—transformative leaders—coming together to focus on the future of our mutually-beneficial partnership.

© Toronto Sun