A new KPMG survey reveals that the majority of Canadian business leaders support a targeted, dollar-for-dollar response to potential US tariffs. The survey, which polled 250 Canadian business leaders, also found that eight in ten are anticipating a recession but remain resolute in their pursuit of a fair trade deal that safeguards Canadian interests.
TORONTO — The vast majority of Canadian business leaders want a targeted, dollar-for-dollar retaliatory response if the United States delivers on its tariff threats this week, a new KPMG in Canada survey found.
U.S. President Donald Trump's press secretary Karoline Leavitt confirmed on Tuesday the plan to introduce tariffs on Canadian goods was "still on the books" for Feb. 1. Six in 10 respondents say Canada should halt oil exports south of the border, though the opinions diverged depending on the province.
That means a positive income tax structure, breaking down provincial trade barriers and making the country an attractive place for onshoring, Nott said.
TRADE WAR TARIFFS CANADA UNITED STATES BUSINESS LEADERS
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