Simply Trade

[CANADA] Tariffs, Retaliation, and the Road to the 2025 IE Canada Summit


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Host: Warrington Ellacott

Guest: William Pellerin – Partner, International Trade & Investment Law, McMillan LLP
Published: October 2025
Presented by: Global Training Center

🇨🇦 From Tariffs to Trade Diversification: The Canadian Perspective

In this Simply Trade: Canada Edition, host Warrington Ellacott from the Canadian Association of Importers and Exporters (IE Canada) sits down with returning guest William Pellerin of McMillan LLP for a candid conversation about how the shifting trade landscape is reshaping Canada’s import–export community.

From IEEPA tariffs and Canada’s retaliatory measures to new tariff rate quotas (TRQs) and countervailing duty cases, Warrington and Will break down the latest developments affecting manufacturers, exporters, and importers across the country.

They also explore how global supply chains are being redrawn along new geopolitical lines — and how Canadian provinces, policymakers, and the private sector are responding with trade diversification, infrastructure investment, and a renewed focus on internal collaboration.

What You’ll Learn in This Episode

How U.S. IEEPA and Section 232 tariffs are impacting Canadian sectors

The rise of TRQs and their effect on the steel and aluminum industries
Why Canada is experiencing a surge in anti-dumping and countervailing duty cases
The ripple effects of China’s retaliation on Canadian agriculture and seafood exports
How Canada’s trade diversification strategy and new FTAs are reshaping global positioning

Key Takeaways
  • Tariff wars are evolving, and Canada is adapting by pursuing trade diversification and new bilateral agreements.

  • Canada’s TRQ system and retaliatory tariffs are forcing companies to reassess sourcing and supply strategies.

  • China’s countermeasures on canola and seafood illustrate the fragility of global market dependencies.

  • Despite challenges, there’s momentum behind domestic collaboration, with provinces working together to fast-track major infrastructure projects.

  • The upcoming IE Canada Summit in Ottawa is the place to hear directly from Canada’s trade leaders and policy voices.

    Resources & Mentions
    • 2025 IE Canada Summit – Event Details & Speakers (PDF)

      → Use Promo Code: SIMPLYTRADE to receive a special discount when registering!

    • Canadian Association of Importers and Exporters (IE Canada)

    • McMillan LLP – International Trade & Investment Law

    • House of Commons CIIT Committee – Trade Hearings

    • Global Affairs Canada – Trade Diversification Strategy

    • Global Training Center

      🎧 Credits

      Host:

      • Warrington Ellacott – President, IE Canada

        Guest:

        • William Pellerin – Partner, McMillan LLP

          Produced by:

          • Lalo Solorzano, Global Training Center

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