What particular business risks should currently be top-of-mind for Canadian exporters, especially for the majority that are dealing with U.S. customers?
These questions worry many Canadian businesses, especially since 73% of our goods and services exports go to the United States.
What specific dangers for Canadian companies could arise from this unpredictability? In the NAFTA renegotiations, for example?
EDC has identified U.S. political paralysis as a business risk for Canadian companies operating in the United States. What’s behind this?
If the United States got into a trade dispute with a country other than Canada, how could this affect our exporters?
How can Canadian companies develop a risk mitigation strategy for this situation?
What other risk management tools might an exporter consider?
Where can exporters find information for monitoring business risk in the United States and globally?
What are your main take-aways for exporters in this unpredictable trade situation?