Canadian Companies Adapt to CUSMA Compliance
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Canadian companies are now heavily reliant on CUSMA, with nearly ninety percent of exports to the U.S. qualifying for lower rates, thanks to Trumps tariff threats. Businesses had to scramble to comply, hiring experts and swapping out parts, but the tariff savings made it worthwhile. However, a Brookings report warns of potential changes to the agreement, which could impact Canadas economy and potentially trigger a recession. Despite this, over-compliant firms may be able to adapt by gradually returning to global suppliers.
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