Former Canadian ambassador Kirsten Hillman has warned that businesses should not expect a return to normal Canada-U.S. Trade relations. Speaking at the Global Business Forum in Banff, Alta. Hillman expressed surprise at how many business leaders expect the cross-border relationship to stabilize. She emphasized that the current state of trade relations is uncertain and that businesses should prepare for ongoing volatility.
Hillman’s remarks come amid growing concerns over trade tensions between the two nations. Recent developments, including increased tariffs and diplomatic disputes, have contributed to a climate of unpredictability. While some analysts suggest a potential for a “new equilibrium” in the relationship, Hillman argues that such stability is not guaranteed.
Her comments align with broader discussions about the future of Canada-U.S. Trade. Other experts, including former ambassador Robert Varcoe, have also noted the intensifying nature of the trade war. However, Varcoe remains cautiously optimistic, suggesting that a new balance may eventually emerge.
The ongoing uncertainty underscores the need for businesses to adapt to a shifting landscape. As diplomatic and economic tensions continue, the long-term direction of Canada-U.S. Trade remains a key point of debate.
