A CUSMA breakdown would cost Canada 102,000 jobs in 2027: report
On the Canadian side, the sectors most exposed include autos, metals, machinery, electronics, chemicals, wood products and paper products, the report says, with Ontario, Quebec, Manitoba and New Brunswick among the hardest-hit provinces.
Unwinding four decades of integration “would not merely remove its direct benefits but would also impose substantial transition costs on businesses forced to rebuild intricate supply chains created over decades.”
The findings land as a new round of 50 percent American tariffs on a range of Canadian goods is set to take effect August 19, with no carve-outs for products that comply with CUSMA.
Canada-US trade minister Dominic LeBlanc and chief trade negotiator Janice Charette returned to Washington this week for further talks.
LeBlanc said on social media Tuesday that the two met with United States trade representative Jamieson Greer.
