Tariffs Could Cost Canada $93.8 Billion Over Five Years: Study Reveals Provincial Impacts and Global Opportunities
The constantly growing menace of tariffs from our neighbor below the border appears to dominate everyone's thoughts nowadays. Despite being somewhat unpredictable with frequent changes in plans during the initial part of 2025, should they fully take effect, they could impose significant financial strain on enterprises spanning every sector throughout Canada. A fresh analysis by the Public Policy Forum in collaboration with Navius Research scrutinizes the possible effects across each Canadian province and explores strategies for Canada to potentially respond through retaliatory tariffs. Inez Jabalpurwala, the president and CEO of the forum, stated in a release that they conducted this research to offer timely quantitative insights for policymakers. The study highlights new priorities for Canadian leadership, such as rapidly advancing north-south and south-north trading relationships within Canada and internationally. Each province’s sectors would face some level of do...