Recent employment data for tariff-exposed industries like motor vehicle and parts manufacturing demonstrates the importance of CUSMA to Canadian businesses. Motor vehicle and parts manufacturing experienced a significant decline in employment since January 2025, with employment declining nearly 6 percent from January 2025 to March 2026. While it may not be realistic for Canada-US trade to remain tariff-free following the CUSMA review and renewal, Canada must maintain preferential access to the US market for manufacturing sectors dependent on the US market.
Learn more about how Canada can position the upcoming review: Here’s a Canadian Plan to get Deal out of the CUSMA Review Ordeal – C.D. Howe Institute.
