How Can Canada Navigate a World of Trump-ed Trade? with Mairead Lavery

U.S. tariffs threaten Canada’s economy and will put industries, jobs, and supply chains at risk. According to the Business Data Lab, $3.6 billion in goods and services cross the border daily as part of our $1.3 trillion trade relationship. Trump's 25% tariff on goods could shrink Canada’s GDP by a whopping 2.6%. Mairead Lavery, former President and CEO of Export Development Canada (EDC), talks with host Marwa Abdou about the fallout and what businesses must do next. The first woman to lead EDC, she has decades of experience in finance, strategy, and trade.  “A significant portion of our exports are for the benefit of U.S. inputs to their exports — we’re part of a supply chain. The end consumer may not actually be a U.S. consumer,” she says in the podcast, noting that tariffs will hit manufacturing, agriculture, and energy hardest. Companies, she says, must rethink their long-term strategies rather than rely on trade patterns that once felt secure.Listen now to get the strategies you need to protect your business. Resources:Partners in Prosperity ReportCanada-US Trade TrackerEDC website

Om Podcasten

Canada’s Economy, Explained is the official podcast of the Business Data Lab at the Canadian Chamber of Commerce, hosted by Senior Research Director Marwa Abdou. Whether you’re a business leader, policymaker, or simply curious about the forces shaping our economy, this podcast brings you real-time data, sharp analysis, and conversations that matter. From workforce trends and inflation to trade, innovation, and inclusion, we unpack the stories behind the stats — with leading economists, industry voices, and fresh perspectives. Timely. Insightful. Unfiltered. This is where Canada’s economy gets explained.