Ottawa is considering releasing a proposed list of U.S. goods they could target if president-elect Donald Trump makes good on his threat to impose a 25 per cent tariff on all products from Canada. (The Globe and Mail)

Talking point: The list could be published as part of government consultations on the tariff negotiations with Trump, an unnamed senior government official told The Globe and Mail. The goal is to warn American businesses of the potential costs of a bilateral trade war. No decision has been made yet, though the idea was discussed at a recent committee of cabinet ministers, the source told the Globe. Prime Minister Justin Trudeau said last month Canada “will respond” if Trump’s proposed tariff goes ahead, and that retaliation was key to getting Trump to back off steel and aluminum tariffs during his previous term in the White House.