Impact of tariffs on Canadian businesses
Tax AlertPrime Minister Mark Carney announces support for Canada’s lumber industry citing heavy reliance on US exports and vulnerability to trade policies.

You've built a successful Canadian business, and now you're ready to take the next step—expanding it to the US. Growth brings exciting opportunities, not just for your company, but for the Canadian economy. As Canadian businesses grow beyond borders, they create new revenue streams, strengthen trade ties, and contribute to national economic resilience. It also means you need to plan for complex challenges, especially in today’s ever-changing environment. Entering the US market requires Canadian businesses to comply with a wide range of tax, regulatory, and legal requirements. Planning is crucial as the Canadian and US business landscape continues to undergo significant changes.
While there is no one-size-fits-all strategy to expanding cross-border, there are strategies that can help you make informed decisions to increase revenue, manage risk and balance rules and laws as you launch into the largest economy in the world.
During this session, our experienced tax professionals will discuss:
Prime Minister Mark Carney announces support for Canada’s lumber industry citing heavy reliance on US exports and vulnerability to trade policies.
On July 4, 2025, U.S. President Donald Trump signed the “One, Big, Beautiful Bill” into law, enacting the largest tax cuts in American history.
Canadian businesses are monitoring potential effects of US tax policies on cross-border trade, the Canadian economy etc. under Donald Trump's administration.
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