))
How Can Canada Navigate a World of Trump-ed Trade?
Manage episode 469830163 series 3644876
Content provided by BDL and Canadian Chamber of Commerce | Business Data Lab. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BDL and Canadian Chamber of Commerce | Business Data Lab or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
U.S. tariffs threaten Canada’s economy and will put industries, jobs, and supply chains at risk. According to the Business Data Lab, $3.6 billion in goods and services cross the border daily as part of our $1.3 trillion trade relationship. Trump's 25% tariff on goods could shrink Canada’s GDP by a whopping 2.6%.
Mairead Lavery, former President and CEO of Export Development Canada (EDC), talks with host Marwa Abdou about the fallout and what businesses must do next. The first woman to lead EDC, she has decades of experience in finance, strategy, and trade.
“A significant portion of our exports are for the benefit of U.S. inputs to their exports — we’re part of a supply chain. The end consumer may not actually be a U.S. consumer,” she says in the podcast, noting that tariffs will hit manufacturing, agriculture, and energy hardest. Companies, she says, must rethink their long-term strategies rather than rely on trade patterns that once felt secure.
Listen now to get the strategies you need to protect your business.
Resources:
8 episodes
Share
