For businesses, the past several weeks have been amongst
the most unpredictable in recent memory. The tariffs imposed by the
United States have created new challenges and opportunities for
companies across the globe. We take a look at the key legal
considerations for employers in Canada as they weigh-up changes in
their workforce to respond to an uncertain economic and business
environment.
On a sometimes-daily basis, businesses in Canada are responding
to ever-changing realities to respond to threats of tariffs on
goods exported to the United States, the actual imposition of such
tariffs, the extension and non-extension of deadlines for tariffs
to come into force, and Canada's retaliatory tariffs on goods
imported from the United States. It remains unclear how long such
tariffs will remain in place, whether there will be any further
escalation, how they will affect globally integrated supply chains,
and what their economic impact will be in the coming months