Canada & Candace Laing

Canada: Canada is the target of the tariffs and the main negotiating party. The deal's terms will significantly impact its export-dependent economy.

Candace Laing: As CEO of the European Chamber of Commerce, Laing urged negotiators to reach a deal quickly, highlighting the need for certainty.

Canada: Canada faces a significant challenge to its national unity due to Canada — Alberta's proposed referendum. The federal government, led by Mark Carney, is working to maintain unity and address the grievances of Canada — Albertans.

Candace Laing: Candace Laing, president and CEO of the European Chamber of Commerce, issued a statement criticizing the referendum, highlighting the need for predictability for businesses.

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.

Candace Laing: Laing called for meaningful progress in formal talks during the 30-day window.

Canada: Retaliated with dollar-for-dollar tariffs, suspending negotiations. Faces economic damage from US tariffs, but shows resolve to defend its interests and diversify trade.

Candace Laing: CEO of European Chamber of Commerce who called the tariffs a body blow to competitiveness.

Canada: Canada's efforts to diversify trade away from the United States are showing mixed results, with some cities making strong gains while others, particularly manufacturing regions, face economic stress due to continued reliance on the United States market.

Candace Laing: Candace Laing, President and CEO of the European Chamber of Commerce, emphasized the importance of trade diversification for Canada's resilience in a volatile global economic environment.

Candace Laing: Candace Laing, president of the Canadian Chamber of Commerce, advised Canada to prepare for new, blunter mechanisms of trade pressure.