Canadian companies are facing the same wave of uncertainty around US tariff policies and global trade slowdowns as their international counterparts – but they may be slightly better positioned to navigate the turbulence.

Speaking to Insurance Business at the RIMS Canada Conference, John Middleton (pictured), vice president, complex risk, trade credit at HUB International , explained that while tariffs and slowing trade flows are raising credit risks worldwide, Canada’s trade framework offers a partial buffer.

“Canada’s got a bit of a leg up on the rest of the world, other than maybe Mexico, just because of the Canadian–US–Mexican Free Trade Agreement,” Middleton said. The trilateral deal, he said, has shielded Canadian exporters from some of the immediate impacts of US tariff measu

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