Trump’s Tariffs Have Landed – How Can Canadian Employers Pivot? Layoffs, Terminations, Work Share and Other Options
March 7, 2025 | Sherrard Kuzz LLP
On March 4th, 2025, the United States launched a trade war with Canada, implementing stiff tariffs on all Canadian imports. In response, the Government of Canada is moving forward with 25% tariffs on $155 billion worth of imported goods, beginning immediately with a list of goods worth $30 billion. While the implementation of some U.S. tariffs has been delayed, the impact of the trade war will still be extraordinary for many Canadian industries.
Caught in the middle of this unprovoked and unprecedented American attack, Canadian employers must pivot quickly. If right- or downsizing becomes necessary, strategic advice from experienced employment counsel is critical to help achieve operational objectives and minimize risk and cost.
In this briefing note we provide an overview of four key options and associated risk:
- Layoff, Constructive Dismissal and Grievances
- Service Canada’s Work-Sharing program
- Individual Termination
- Group Termination
To read the full Sherrard Kuzz LLP Briefing Note please click here.