08/25/2026
Newsflash in the economy and trade arena: The termination of USMCA might not hit Canada as hard as expected. While free trade with the U.S. is a plus, the perceived fallout might not be as seismic as initially feared.
Free trade with the U.S. has benefited Canada, but the scale of the benefit – and the size of the loss in the event of its disappearance – is limited.