Canada Braces for Tariffs as Second Trump Presidency Looms

So once again, Canada and the U.S. are so well integrated, it wouldn't be a good move,

Volpe said

I believe that Canada needs to wake up and understand that once you work from within, and you strengthen, you will have no better friend than the United States under a Trump presidency, because we have a proven record,

she said on CTV’s Question Period this week

He's saying to the world on day one, we're going to put a 10 per cent tariff on everything that runs counter to … our free trade agreement,

said Automotive Parts Manufacturers’ Association president Flavio Volpe

We have a strong relationship with the United States. We have a strong relationship with President Trump and his team,

Freeland continued

The outcome is going to be overwhelmingly negative, and I say that analytically and empirically.”

Ian Lee, an associate professor at the Sprott School of Business at Carleton University, told CP24 on Wednesday morning

The first thing that popped into my mind is, where are the potential opportunities for alignment between the United States and Canada and a second Trump presidency? And I think that's something that in the business community we're particularly interested in thinking about,

Dickerman said in an interview with CTV News

Donald Trump, when he says he expects people to pay their fair share, they will,

Craft added

Today, our supply chains are more integrated than ever in key strategic places. You're talking about critical minerals, you're talking semiconductors, and then you talk about a growth agenda for North America.”

While he didn’t respond to the tariffs question, Champagne had this to say about the change in Canada-U.S. relations since the Liberals took office

Justin Trudeauprime Minister

The friendship between Canada and the U.S. is the envy of the world,

Trudeau said in a post on social media Wednesday morning

When that dollar tanks, as I am predicting it will, that is going to drive up the cost of food we import along with John Deere tractors, computers, et cetera,

he also said

Because they know that once Donald Trump comes to office, they're out of here, so they'll be fleeing over the northern border,

she also said

I think we need to wait and see exactly what the economic and trade team looks like,

he said

The real key will be whether or not the private sector and the public sector in Canada can come together and work cooperatively under negotiating opportunity with the Trump administration,

he said

We've been spending a lot of time talking to the Trump team, his advisers, saying ... this just isn't the right move,

she told the Canadian Broadcasting Corp. in mid-October

Jason Kenneyformer premier

I predict you're going to have a huge flood north of many of those folks trying their chances here,

said Jason Kenney, former immigration minister in the Conservative government that ruled from 2006 to 2015.

The implications for Canada are, in my view, dramatic,

he said, predicting Trump would insist Ottawa spend far more on defense

We could have a true crisis in terms of homelessness and pressure on our social system just months away,

he told a podcast organized by the National Post before the election

A lot of Canadians were anxious throughout the night and I want to say ... that Canada will be absolutely fine,

she said

It's possible that it is a recession-inducing event because it's on such an enormous scale that we really haven't seen for almost 100 years,

he said

For Canada, four years of a Trump presidency could be very long indeed,

she said