News Summary

A new report from the Canadian Chamber of Commerce highlights the Canadian cities most vulnerable to economic stress as a result of U.S. tariffs. Calgary and Saint John, N.B., top the list due to their significant exports of crude oil and natural gas, with Saint John being home to Canada’s largest crude oil refinery. Windsor, Ont., and other Southwestern Ontario cities are also at risk because of their automotive and parts manufacturing sectors. The report indicates that cities like Hamilton, home to Canada’s steel industry, and regions like Saguenay-Lac-Saint-Jean in Quebec, known for aluminum production, would also suffer under the tariffs. The Chamber of Commerce’s research utilized a ‘U.S. Tariff Exposure Index’ to evaluate the potential impact, emphasizing the need for Canadian cities to prepare for economic disruptions.