President Donald Trump just delivered a seismic blow to Canada’s economy, and businesses are running for the exits.
Over the weekend, Trump enacted aggressive new tariffs, slapping a 25% tax on all Canadian and Mexican imports and a 10% tariff on Canadian energy exports. China wasn’t spared either—imports from Beijing now face a 10% levy.
The result? Canadian businesses are abandoning Trudeau’s sinking ship and moving to the U.S. in droves.
Businesses Vote with Their Feet—And They’re Choosing America
A new KPMG survey reveals that nearly half of Canadian companies (48%) are actively relocating investments to the U.S. to stay competitive. Meanwhile, 60% are looking to acquire U.S. businesses to shield themselves from Trudeau’s disastrous economic policies.
And here’s the kicker: 65% of these businesses started preparing for a Trump presidency long before he took office, stockpiling goods in the U.S. to escape Trudeau’s high-tax, anti-business agenda.
Even Lucy Iacovelli, a top Canadian business strategist, admits that Trump’s America is now the best place to do business. “The new U.S. administration’s economic and trade policies are having huge ripple effects,” she said. Translation? Canada is getting steamrolled.
Canadian Officials Scrambling
The Trudeau government is in full panic mode. For years, it has pushed crippling taxes, woke regulations, and weak trade policies—all while assuming the U.S. would continue letting Canada take advantage of lopsided trade deals.
Not anymore.
Trump’s America First economic strategy is forcing Canadian companies to wake up. The survey found that 86% of Canadian business leaders see these tariffs as a “wake-up call” to increase productivity.
BREAKING: Almost half of Canadian businesses are now planning to shift investments or production to the United States in response to President Trump's tariffs.
Additionally, 60% said they will now look to make business acquisitions in the U.S. and are bracing for a recession in… pic.twitter.com/QbqqWwmGMh
— George (@BehizyTweets) February 2, 2025
And here’s where it gets really interesting: 89% of them actually support Trump’s demand for stronger border security, while 85% back increased military spending to secure the Arctic and defend North America.
Even Canadian elites are now being forced to admit what Trump has been saying all along—weak borders and weak economies go hand in hand.
America First Wins Again
With Trump’s hardline tariffs in place, businesses are voting with their feet—and they’re choosing America. Canada’s loss is America’s gain as companies relocate to a country that actually values economic growth, border security, and national sovereignty.
And this is just the beginning.
