The exodus to the U.S. continues for some Canadian-based businesses.
A new study by KPMG found that 40% or manufacturers in Canada have moved production south of the border or are considering the idea as they adapt to trade uncertainty and competitive pressure.
“Manufacturers have shown incredible resilience, adapting to tariffs and uncertainty to navigate this period of heightened volatility,” said Anamika Gadia, Partner and National Leader of Industrial Markets at KPMG Canada.
Carney’s call to arms has yielded less than 1% of the 50 Million needed for the restoration of 24 Sussex Drive.
