Canada & Canadian Federation of Independent Business

Canada: The country where the TFW program debate is occurring, affecting its labor market and small businesses.

Canadian Federation of Independent Business: Released research defending the TFW program and advocating for its preservation and improvement.

Canada: Canada reported a significant loss of $205 million before tax in Q1 2026, a deterioration from the previous year, due to declining revenue and volumes across all business lines and ongoing labor uncertainty. This highlights the urgent need for its transformation efforts to achieve financial self-sustainability.

Canadian Federation of Independent Business: The Canadian Federation of Independent Business highlighted that a majority of small business owners are prepared to stop using Canada due to service unreliability caused by labor uncertainty, indicating a broader economic impact.

Canada: Canada faces 50% tariffs on $20 billion of exports, threatening key industries like dairy, alcohol, and manufacturing. Negotiations continue, but the risk of a trade war looms.

Canadian Federation of Independent Business: The federation warned of massive dislocation for small businesses relying on US clients.

Canadian Federation of Independent Business: Canadian Federation of Independent Business issued a report indicating a struggling small business sector in Canada, with more closures than openings for six consecutive quarters.