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Impacts of tariffs on businesses in Canada : expectations and strategic responses, fourth quarter of 2025 / by Samantha Menardi, Shivani Sood and Chris Johnston.CS11-621/194E-PDF

"In 2025, the economic ties between Canada and the United States, once marked by stability and close integration, entered a period of increased tension. Decades of cooperation and shared supply chains gave way to uncertainty as trade tensions and policy shifts challenged one of the world's most significant bilateral trade relationships. Tariff measures and policy shifts introduced uncertainty for businesses and policy makers on both sides of the border. Since the second quarter of 2025, the Canadian Survey on Business Conditions has included a series of tariff-focused questions to gauge the expectations and strategic plans of businesses across Canada. Amid ongoing shifts in tariffs, trade regulations and U.S. policy, the Canadian Survey on Business Conditions has remained an important tool for understanding the impact of tariffs on businesses in Canada. Building on analysis from the second and third quarters of 2025, which captured the introduction of newly imposed tariffs, followed by reactions to countermeasures, this paper presents updated findings for the fourth quarter of 2025 from the survey that was conducted from October 1 to November 5, 2025"--Page 4.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.957910&sl=0

Publication information
Department/Agency
  • Statistics Canada, issuing body.
TitleImpacts of tariffs on businesses in Canada : expectations and strategic responses, fourth quarter of 2025 / by Samantha Menardi, Shivani Sood and Chris Johnston.
Series title
  • Analysis in brief, 1707-0503
Publication typeMonograph - View Master Record
Language[English]
Other language editions[French]
FormatDigital text
Electronic document
Note(s)
  • Issued also in French under title: Incidence des droits de douane sur les entreprises au Canada : attentes et réponses stratégiques, quatrième trimestre de 2025.
  • "Catalogue no. 11‑621‑M."
  • Includes bibliographical references.
Publishing information
  • [Ottawa] : Statistics Canada = Statistique Canada, December 18, 2025.
  • ©2025.
Author / Contributor
  • Menardi, Samantha, author.
Description1 online resource (7 pages).
ISBN9780660975399
Catalogue number
  • CS11-621/194E-PDF
Departmental catalogue number11‑621‑M
Subject terms
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