| Tariffs are the most urgent threat facing Canadian and American businesses today. Every day, $3.6 billion in goods crosses the Canada-U.S. border, fueling a $1.3 trillion annual trade relationship. This partnership supports 2.3 million Canadian jobs and 1.4 million American jobs. New data from our Business Data Lab reveals that the proposed 25% tariffs on Canadian goods would reduce real annual income by $1,900 CAD per Canadian and $1,300 USD per American. In response to these challenges, the Canadian Chamber’s Business Data Lab has launched a new Canada-U.S. Trade Tracker, a tool designed to help businesses and stakeholders strengthen our world-class trade relationship. “The stakes couldn’t be higher,” says our President and CEO, Candace Laing. “Tariffs and trade barriers jeopardize jobs, industries and families across both sides of the border. The Canada-U.S. Trade Tracker gives us the tools to push back with facts, showing just how much we all stand to lose when imposing taxes on prosperity.” |
