Premier Doug Ford is set to make an energy-related announcement Wednesday, as Ontario faces down a tariff threat from U.S. president-elect Donald Trump that could have devastating consequences for the province's economy.

Canadian Prime Minister Justin Trudeau announced his resignation after facing an increasing loss of support both within his party and in the country.

Canadian Prime Minister Justin Trudeau's Liberal Party finds itself in search of a new leader while dealing with U.S. President-elect Donald Trump's threats to impose steep tariffs on Canadian goods and with Canada's election just months away.

The comment follows Donald Trump's threat on Tuesday to use "economic force" to acquire its neighbour to the north.