While Canada continues to expand its trading relationships through FTAs, the future of its most significant FTA, the USMCA/CUSMA, and its trading relationships with the United States and China remains uncertain. Canadian importers and exporters face continued regulatory changes (e.g. customs valuation amendments, novel sanctions reporting requirements, supply chain reporting) and administrative changes (e.g. CARM, ACE Portal) in a rising protectionist trade environment. The Carney administration has continued to roll out policy and economic initiatives…