Industrial real estate in Canada could see a surprising short-term benefit from US trade war

When the United States government announced plans to impose crippling tariffs on Canadian goods last month, the real estate industry expected Canada’s industrial sector would likely face the highest risk of negative exposure. This is understandable given that over three-quarters of Canada’s exports are destined for the U.S. And much of these U.S.-bound exports consist of industrial materials, such as autos, which tend to have highly integrated supply chains with manufacturers and suppliers in the U.S.