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U.S. tariffs on commodities and the resulting uncertainty led to more than $550 million Canadian ($406 million) in forgone revenues last year at Canada’s two largest railroad operators.

Several Canadian provinces, including Ontario and Quebec, pulled U.S. wine and spirits from stores after President Donald Trump started a trade war last year.

GM agreed in 2022 to buy nickel supplies from Brazilian miner Vale as part of a strategy to build up its battery supply chain for EVs, but the pause has meant cancellation of the project. 

Ssense filed for bankruptcy protection after the end of a U.S. duty exemption for small shipments dealt a final blow to the struggling retailer.

The cost of a new Port of Montreal terminal that Canadian Prime Minister Mark Carney says is in the national interest has soared to about $1.7 billion, according to a Cabinet minister.

Aluminum producers in Quebec are diverting more of the metal used to make cans and car parts to Europe as rising U.S. tariffs make their shipments more expensive for American customers.

Truck maker Paccar, parent company of Kenworth and Peterbilt, will lay off 175 employees in its Sainte-Therese, Quebec, plant over weakening demand, according to local union Unifor.

A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.

“We cannot accept any form of unfair practices from different countries when it comes to our Canadian market. That’s enough,” Industry Minister Melanie Joly told reporters on June 11.

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.