News
US tariffs to hit natural resource-producing communities hard
Published: 6 February 2025
US tariffs will hit the Canadian economy hard, but individual industries will experience unique effects. In the case of aluminum production, much of Canada鈥檚 3.2 million metric tons of aluminum that Canada produces each year could be re-routed to Europe. But some communities could still be hit hard and other places that harvest natural resources won鈥檛 be able to find other buyers so easily. 鈥淭here are a lot of towns where the whole town will be impacted,鈥 says Saibal Ray, Professor of Operations Management. 鈥淭here will be an immediate impact on companies, and the truck drivers, supply chains, logistics鈥here are a huge portion that will be impacted,鈥 Ray told CityNews Montreal.