Navigating Impacts Of Tariffs On The Canadian Construction Industry

Recent tariffs instituted, and others proposed, by the United States and Canadian governments are expected to have a significant impact on the Canadian construction industry. Given the recent announcements of tariffs by the United States and Canada, and the Canadian construction industry will need to review the impact of these tariffs on current and future projects and prepare for the potential impacts of any additional future tariffs.

Summary of new tariffs/duties

Following the thirty (30) day pause of POTUS' initial Executive Order,¹ effective March 4, 2025 the United States imposed a twenty-five percent (25 per cent) tariff on all goods from Canada and Mexico entering the United States, except for Canadian energy, which has been set at ten percent (10 per cent).