Navigating the changes ahead

How the 2024 US election results could affect Canadian businesses

With a change in US administration looming, many Canadian business leaders are looking for answers to critical questions. How could US policy changes affect their organization, and what do they need to consider from a strategic standpoint?

We’ve assessed some of the potential impacts of a second Trump administration on Canadian businesses. Key areas we’ve focused on include immigration, trade policy, climate change, oil and gas policy, tax policy and foreign and defence policy.

Our analysis suggests significant changes in these areas could lead to higher costs, increased trade barriers and shifts in economic strategies. Now is the time to embrace scenario planning and make strategic adjustments to mitigate potential risks and take advantage of opportunities.

Interested in learning more? Take a deeper dive into our US election analysis series.

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