Calgary companies secure more international trade deals amid U.S. uncertainty

Calgary Economic Development says fewer than a quarter of its 2025 trade deals were with the U.S., while CED-supported firms secured 45 deals across 21 countries that CED reports generated about $60 million in revenue.

Calgary Economic Development (CED) reports a fall in new trade deals with the United States in 2025 after tariffs on Canadian goods were imposed. CED says less than a quarter of the trade deals it arranged in 2025 were with the U.S., down from 35 per cent in 2024. The organization reports that supported companies expanded into 21 countries across six continents and secured 45 trade deals that generated about $60 million in revenue. CED attributes the shift to U.S. market uncertainty and is increasing efforts to help local firms diversify. Key developments: - CED reports under 25 per cent of its 2025 trade deals were with the United States, down from 35 per cent in 2024. - CED-supported companies expanded into 21 countries across six continents and secured 45 trade deals that CED says generated about $60 million in revenue. - CED reported 187 jobs were created through business expansions in 2025. - CED plans to expand services for its Trade Accelerator Program in 2026 to support faster market diversification. Summary: Officials describe the drop in U.S.-linked deals as linked to tariff-related uncertainty and say many Calgary companies moved into markets in Europe, Asia, Latin America, the Middle East and Oceania. CED reports higher reported revenue and job creation from those new deals and plans service expansions in 2026 to help local firms pursue additional international markets.