Canada–US trade negotiations stall as Ottawa’s concessions go unrecognized

Canadian trade tariffs on steel, aluminum, automobiles, and cabinetry continue to affect industries with significant cross-border activity. These sectors remain outside CUSMA’s protections.

Meanwhile, Ottawa directed the Canadian Radio-television and Telecommunications Commission (CRTC) earlier this year to reconsider a decision that tripled streamers’ contributions to Canadian content. That move came after pressure from US interest groups and the US Ambassador to Canada Pete Hoekstra.

Greer said the change was welcome — but again, not something Canada should expect credit for.

What this means for Canadian advisors

Nearly half of Canadian advisors are already fielding tariff and trade questions from clients, according to recent Fidelity Investments Canada research.

The Greer comments add weight to those conversations. There is no framework deal in sight. Sector-specific tariffs remain in place. And the path to a formal negotiation with Canada, let alone a completed agreement, remains unclear.

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