CTV: International trade lawyer William Pellerin says the tariffs are very much a factor for Canadian companies figuring out next steps, and he expects more big moves to the U.S.
“The danger is that every time the company is going to say, ‘Well, I’m way less exposed to U.S. tariffs if I’m actually on that side of the border,’ and so that’s part of the decision-making process that Canadian companies have to make,” he said.
Pellerin says any major moves in the automotive industry won’t happen in the short term due to government backing and commitments.
“For sure it will happen in the wood product space. We’re seeing that with our clients right now,” he told CTV News. “A lot of small towns will go from having an important manufacturer to nothing.”…