— 60% Are Looking for Business Acquisitions In Response to Trump Tariffs.
GP
A seismic shift is underway in Canada’s business landscape as President Trump’s tariffs drive companies south of the border.
On Saturday, President Donald Trump enacted substantial tariffs on imports from Canada, Mexico, and China. These measures are designed to address pressing national concerns, including illegal immigration, drug trafficking, and trade imbalances.
The administration has imposed a 25% tariff on all goods from Canada and Mexico, with a 10% tariff specifically on Canadian energy exports. Imports from China are now subject to a 10% tariff.
According to a new KPMG survey, nearly half of Canadian businesses (48%) are actively planning to move production or investments to the United States to stay competitive, while 60% are exploring acquisitions in the U.S. market. more here
LOL, that makes Trudeau look even dumber, if that’s possible.
So Canada, that has a $2.1T GDP and about the same population of California with a $4.2T GDP, just drove out 60% of the businesses that make up their pathetic country.
Good plan there bastard son of Castro.
So what’s going on here is that originally US auto manufacturers where pressured into sending a whole shit load of machined parts off the Canada at the request of our federal government. Now those Canadian Companies want to move the the United States. My aching head. Fuck that Mr Care manufacturer. Just place that work here domestically the way it should have been done from the git. Imagine how you could turn Detroit into a thriving city once again.
Trump wins the face off, shoots and scores!
It’s going to be an uphill battle for our 51st. state.
I wonder if there will be a I’m out of here tax to come?
Canada will fold like a Dollar Tree lawn chair.