Susan Holt

New Brunswick’s reliance on the United States for trade in the forestry sector has landed the province with an unfortunate distinction as one of the top provinces impacted by the ongoing tariffs. That’s according to a CIBC forecast on provincial trade, which outlined the provinces that are most exposed and at economic risk. “British Columbia and New Brunswick now appear more at risk, due to the sharp escalation of lumber tariffs, and are no longer expected to outperform the national average next year,” the report states. “Provinces in the rest of Atlantic Canada and the prairies have been more insulated from US trade policy, although Chinese tariffs have been impacting agricultural exports from central Canada.” …New Brunswick Premier Susan Holt has reiterated how much the country needs Canadian lumber. But Holt warned job losses are on the horizon.