Ottawa Partner, and Chair of Fasken’s International Trade and Investment Group, Clifford Sosnow, discusses the trade outlook for Canadian businesses in the coming year in an article published in the Financial Post.
In the context of shifting trade rules between Canada and the US, he explains that the companies he works with are focused on ensuring they are as insulated as possible from tariff shocks, such as through the wording on new contracts with buyers and suppliers.
“Our clients don’t want to be caught flat-footed with (the) next tariff costs, issues that weren’t covered in many of their contracts when the tariff uncertainties first appeared,” said Partner Clifford Sosnow. “There is a recognition that the US is not going away as a prime market. They are trying to de-risk the uncertainty.”