U.S. Tariffs Are Back: What a 35% Border Tax Could Mean for Quebec’s Real Estate Market
By Albert Laurin — Courtier Immobilier Résidentiel, RE/MAX 2000
📍 Montréal • Laval • Rive‑Nord • Rive‑Sud
A bold new tariff move from the U.S. could shake Canada’s economy — and your property value.
Earlier this week, former U.S. President Donald Trump announced a 35% tariff on all Canadian imports, set to take effect August 1st. The news, reported by CTV News, stated that Ottawa is scrambling to renegotiate a deal before the deadline to avoid economic fallout.
As a courtier immobilier résidentiel working across Montréal, Laval, and the North and South Shores, I’m watching this development closely — because global shocks can directly impact local real estate.
🧨 Tariffs, Recession Risk & What It Means for Buyers
If this trade war escalates, Quebec’s key export industries — like:
- Forestry and lumber
- Aerospace (Bombardier)
- Aluminum
- Agri‑food
…could face layoffs and cutbacks. This kind of pressure on the economy makes people nervous — and when jobs are uncertain, homebuyers hit pause.
Whether you’re planning to (acheter une maison à Laval) buying a home in Laval or sell a condo à Montréal, economic anxiety can slow down both sides of the transaction.
💸 Mortgage Rates Won’t Be the Rescue They Used to Be
Normally, economic slowdowns lead to rate cuts. But if these tariffs trigger inflation — via a weakened loonie and more expensive imports — the Bank of Canada may keep interest rates elevated longer than expected.
What that means for buyers and homeowners:
- No mortgage relief in sight
- Higher monthly payments
- More first-time buyers priced out of the market
If you’re eyeing a duplex à vendre à Montréal or a semi-detached in Laval, now’s the time to plan — not panic.
📉 Real Estate Regions Most Vulnerable
🔻 At-Risk Zones (Export Dependent):
- Abitibi & Saguenay–Lac‑Saint‑Jean – Forestry and mining economies
- Estrie (Eastern Townships) – Agri‑food production
- Border towns & rural areas – Highly sensitive to U.S. trade disruptions
🔺 More Resilient Zones:
- Montréal (Outremont, Plateau, Villeray) – Dense population, diverse jobs
- Laval (Chomedey, Duvernay) – Affordable family housing with strong demand
- South Shore suburbs – Relocation-friendly and active with first-time buyers
As your courtier immobilier à Laval et Montréal, I’ve worked through ups and downs. Well-priced, well-located properties always move — but strategy is key.
🧲 Foreign Buyers & U.S. Investment Could Slow
If tensions escalate:
- U.S. buyers of second homes and income properties may pull out
- International investors may hesitate on downtown condos
- The luxury property market may experience longer hold periods
If you’re considering to vendre un condo à Montréal or list a luxury unit in Laval, we’ll need to market more intelligently and proactively.
🧠 Real Estate Is Local — But Always Influenced by Global Decisions
If you’re wondering:
- “Should I sell my triplex in Villeray now?”
- “Do I wait to buy in Laval?”
- “Will the market crash if this trade war expands?”
The answer depends on your situation, but I can help you read the signs and move forward smartly — without fear.
✅ The Bottom Line: Be Strategic, Not Reactive
As your trusted courtier immobilier RE/MAX serving Laval, Montréal, and the Rive‑Nord/Rive‑Sud, I’m here to help you:
- Evaluate market timing
- Protect your investment
- Navigate uncertainty with confidence
Whether you're buying your first home or selling a multi-unit building, I can guide you step by step:
📞 Contact Me Today
Albert Laurin
Courtier immobilier résidentiel agréé – RE/MAX 2000
📍 Montréal • Laval • Rive‑Nord • Rive‑Sud
📱 Instagram: @courtieralbertlaurin
📞 Call/Text/WhatsApp: 514‑295-5469
📰 Related News Coverage
- 🔗 CTV News: Canada aims for new U.S. trade deal by Aug. 1 as Trump threatens 35% tariffs
- 🔗 Wall Street Journal: Markets React as Trump Targets Canada with 35% Tariff
- 🔗 Financial Times: Donald Trump threatens new tariffs on Canada
- 🔗 MarketWatch: Canada is the latest target for Trump's tariffs — but there may be a twist