Canada could lose about 102,000 jobs if the Canada-U.S.-Mexico trade agreement (CUSMA) breaks down, according to a new report discussed by multiple Canadian outlets. The study assesses what could happen if the pact is terminated rather than renegotiated.
The reporting notes that in July the United States says it will not renew CUSMA in its current form, leaving negotiations as a deadline approaches. Different outlets emphasize related figures and timelines from the same analysis: one report cited that the U.S. could lose about 214,000 jobs in 2027, while Canada’s loss is projected at roughly 100,000-plus. Another outlet frames the warning as tied to the “clock” for both countries to reach a new arrangement ahead of potential tariff changes.
Overall, the coverage centers on economic estimates from the report—prepared for the Canadian American Business Council by Oxford Economics—while differing slightly in which national job-loss numbers and future-year details are foregrounded.
