Canadian Business Groups Say Trade Uncertainty Has Already Done Damage

A Canadian and an American flag fly outside a hotel in Ottawa, on Feb. 1, 2025. The Canadian Press/Justin Tang

The head of the Canadian Federation of Independent Business says across-the-board U.S. tariffs on imported goods would be a worst-case scenario if they kick in tomorrow.

But Dan Kelly says even if there’s another last-minute reprieve from U.S. President Donald Trump, the ongoing threat and uncertainty would continue to inflict economic damage.