Trumps US Tariffs and USMCA: Strategic CRE Opportunities for Canadian Investors
In this episode, Steve Hamoen introduces the topics of discussion, focusing on the impact of US tariffs and the USMCA agreement on Canadian commercial real estate. He delves into the stability of the services economy, identifying opportunities across different sectors. The conversation also covers economic forecasts and their strategic implications for the commercial real estate market. Steve examines the role of supply chain anchoring and the importance of cross-border connectivity assets in shaping future developments. The episode concludes with Steve's closing remarks, offering insights into navigating the evolving landscape of commercial real estate amidst these challenges and opportunities.
Key Points
- Canada's preferential access under the USMCA positions it as a prime nearshoring destination for US firms affected by global outsourcing costs.
- Canadian service sectors such as IT, legal, consulting, and finance benefit from stable cross-border access, avoiding disruptions from US digital service tariffs.
- Redevelopment opportunities in Ontario's industrial zones, especially along the 401 Corridor, could attract capital inflows and increased tenant activity due to structural shifts in trade patterns.
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Transcript
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