Life after NAFTA: Canadian businesses start to plan for bleak new trade reality

November 13, 2017

What a year. It was this week last year that Donald Trump's insurgent campaign won the U.S. presidency. Back then, officials and businesses seemed to shrug off Trump's very clear promise to tear up NAFTA.

Now, major Canadian manufacturers are running the numbers, trying to figure out what life would be like if Trump makes good on his threat and scraps the deal altogether.

Linamar, the second-largest auto parts manufacturer in the country, released weaker-than-expected quarterly results this week, although the lower profits were blamed on the string of hurricanes in August and September and not weaker demand or trade-related concerns.

This was excerpted from the 11 November 2017 edition of CBC News.

Topic(s)

Trade Agreements

International Trade and Border Management

Information source

Canadian News Channel

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