With a new US administration at the helm, certain economic policy changes could significantly impact Canadian businesses. It's critical to evaluate the potential impact on your business before making strategic business decisions. Our team is closely monitoring policy changes and is available to assist you in understanding:

Tariffs: Strategies to manage tariff costs, as the Trump administration remains steadfast in their intention to impose 25% tariffs on imports from Canada, which could disrupt sectors like energy, automotive, and manufacturing.
Customs impact: Strategies to manage and ensure compliance with changing import/export regulations.
Income tax considerations: Implications for tax planning, including potential effects on deductions and credits.
Transfer pricing: Adjustments to intercompany pricing policies to mitigate risks related to cross-border transactions.
Strategic advisory: Evaluation of the broader supply chain and operational impacts to identify opportunities for cost optimization.

We’ll continue to update this page with resources and analyses, as new information becomes available. Talk to your advisor to discuss how these changes may affect your business and explore tailored strategies to minimize risks and seize opportunities.

Impact of tariffs on Canadian businesses

Tax Alert

Prime Minister Mark Carney announces support for Canada’s lumber industry citing heavy reliance on US exports and vulnerability to trade policies.

38 min read | 05 May 2026

How US tax policies could shape Canadian business decisions

Tax Alert

Canadian businesses are monitoring potential effects of US tax policies on cross-border trade, the Canadian economy etc. under Donald Trump's administration.

4 min read | 31 Jan 2025