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Canada braces for tariffs, but impact will not be evenly felt across provinces

Western provinces unlikely to feel full effect, may help offset Trump tariffs
Manufacturing buildings in Hamilton, one of Onario's manufacturing hubs. (Chéri Shorter Merchant/CoStar)
Manufacturing buildings in Hamilton, one of Onario's manufacturing hubs. (Chéri Shorter Merchant/CoStar)
CoStar Analytics
February 21, 2025 | 12:34 P.M.

The Canadian economy is bracing for considerable economic disruptions resulting from President Trump’s executive order to impose sweeping tariffs on Canadian exports. While not everyone is convinced that all of the tariffs will come to fruition, the threat to Canada’s economy is real and significant.

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