As global trade tensions rise, the real estate market is starting to feel the ripple effects—especially in Canada. With the recent push for increased U.S. tariffs on key Canadian exports like aluminum and steel, the cost of construction and infrastructure has surged. Developers are facing price hikes, tighter timelines, and in some cases, project cancellations altogether.
What does this mean for buyers, sellers, and investors? The short answer: more uncertainty. When costs rise, housing prices often follow, impacting affordability. On the commercial side, large-scale developments are becoming riskier, especially those with materials sourced internationally.
This is where a real estate lawyer becomes essential. Whether you’re a developer renegotiating a contract due to higher material costs or an investor navigating new trade policies, a legal expert ensures you stay protected. For instance, certain clauses can be added to agreements to allow for flexibility in the face of tariff-related cost increases.
Tariffs also affect cross-border deals. Canadians have traditionally been strong investors in U.S. real estate, but the current political climate is causing many to rethink those plans. With uncertainty around duties, taxes, and shifting foreign investment laws, buyers and sellers alike need solid legal advice to avoid getting caught in regulatory traps.
Bottom line: tariffs are not just a government issue—they’re now a real estate issue. If you’re making a move in today’s market, having a real estate lawyer in your corner can make all the difference between a smooth transaction and an expensive headache.