The approximately $400 million, 90,000-square-foot project is being built on the site of the OTTAWA — Canada will impose retaliatory tariffs on U.S. imports beginning Sept. 8 after Prime Minister Mark Carney said negotiations with the United States had failed to produce an agreement. The announcement followed Washington's introduction of 50% tariffs on about $20 billion worth of Canadian goods, including wine, furniture, dairy products, cement, clothing, fishing equipment and hockey products. The U.S. measures took effect after three days of intensive negotiations between the neighboring countries ended without a deal.

Carney said Canada's response would target U.S. steel, dairy products, appliances, agricultural equipment, pulp and paper, electronics and other goods, with the government expected to provide additional details in the coming days. Canada has described the measures as a dollar-for-dollar response to the latest U.S. tariffs. The dispute marks another escalation in trade tensions that have increasingly affected the relationship between the two countries, which have maintained extensive economic ties for decades and share one of the world's largest bilateral trading relationships.