Monitor
TradeBlocked

US Exposure Monitor

How exposed is Canada's trade to the United States — and is that exposure changing?

What Measured, Contested and Blocked mean →

Monitor

US Exposure Monitor

Explanation corrected October 27, 2026 →

What this release changed

A dated check has been recorded since the first reading — see the watch, below, for what changed, what held, and what remains unresolved.

Dates and evidence

WhenEvent or releaseWhat it can and cannot show
2026-09-08 date stated in the documentCanada's counter-tariffs became legally effectiveLegally effective on this date under the Department of Finance Canada's own published schedule. This record has not yet observed duties assessed or collected on shipments.
no date pinnedThe first trade record covering the September reference month
Period covered: 2026-09-01 — 2026-09-30
September trade was released November 4 and read November 10. This row describes the observed reference window, not an upcoming release.
  • Entirely after the original August United States duties (2026-08-22)
  • Only partly after Canada's counter-tariffs (2026-09-08)
Nothing in this record separates price from volume, or one country's action from the other's. These calendar comparisons use the original United States duties and Canada’s counter-tariffs; the September scope changes and import exclusions are described separately in the legal record.
2026-12-08 issuer-stated dateThe next trade record covering the October reference month
Period covered: 2026-10-01 — 2026-10-31
  • Entirely after the original August United States duties (2026-08-22)
  • Entirely after Canada's counter-tariffs (2026-09-08)
Nothing in this record separates price from volume, or one country's action from the other's. These calendar comparisons use the original United States duties and Canada’s counter-tariffs; the September scope changes and import exclusions are described separately in the legal record.
CorrectedLast checked 2026-11-05Evidence through 2026-11-10Receipt for this Monitor — sources, method, limitations

Daily truck counts now cover all September. The computed goods and services rows cover September, and the separately dated September Balance of Payments successor below retains its own definitions. September has a higher daily average and a lower United States plate share than August, with different calendar and holiday composition. Labour Day counts as a weekday in these calendar totals. These unadjusted counts do not establish a trade trend. Neither counts nor trade aggregates identify tariff effects or duties paid.

8 sections, one question each. Select a card for its evidence.

State matrix

Headline US export shareState The United States remains the main destination in the latest held customs-basis goods-export reading
Domain
Headline US export share
State
The United States remains the main destination in the latest held customs-basis goods-export reading
Direction
—
Confidence basis
Direct monthly customs-basis values from Statistics Canada country-partner merchandise-trade table. The separately qualified Balance of Payments rolling-share comparison appears in the exports Brief; it is not this panel’s measure.
Distance to target
No registered target or benchmark
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Trigger
New customs-basis monthly observations or revisions to this source edition.
Limitation
This panel’s monthly customs-basis share is distinct from the Brief’s seasonally adjusted Balance of Payments twelve-month share. The full monthly reference period is stated with the panel. Timing and aggregate movements alone identify neither tariff effects nor duties paid.
Sectoral compositionState Selected sectors; full current coverage is not established
Domain
Sectoral composition
State
Selected sectors; full current coverage is not established
Direction
—
Confidence basis
Directly observed: a controlled slice of major industry sectors within Statistics Canada's international trade by industry table; not every sector is restated (see limitation).
Distance to target
No registered target or benchmark
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Trigger
The next release or a broader verified sector breakdown.
Limitation
This selected breakdown covers named sectors; other sectors, including Utilities with two different source categories sharing one label, are not fully identified by this breakdown. Full-month reference dates are stated with the panel; timing alone cannot identify tariff effects or duties paid.
CUSMA qualificationState Most exports and roughly half of imports already qualify under the trade agreement
Domain
CUSMA qualification
State
Most exports and roughly half of imports already qualify under the trade agreement
Direction
—
Confidence basis
Directly observed: the monthly share of exports and imports qualifying under the Canada-United States-Mexico Agreement, from Statistics Canada's trade-under-CUSMA table. This is the closest observable this record holds to the tariff-status gap stated below; it narrows that gap without closing it.
Distance to target
No registered target or benchmark
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Trigger
The next release, or any change in which goods qualify under the agreement.
Limitation
Trade-agreement qualification is not a duty assessment, a tariff-preference utilization measure, or an effective tariff rate. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
Origin-versus-export routingState Most imports recorded as coming from the United States also originate there, with a smaller routed-through share
Domain
Origin-versus-export routing
State
Most imports recorded as coming from the United States also originate there, with a smaller routed-through share
Direction
—
Confidence basis
Directly observed: the gap between where an import is recorded as exported from and where it is recorded as originating, from Statistics Canada's country-of-origin trade table.
Distance to target
No registered target or benchmark
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Trigger
The next release, or a sustained widening or narrowing of the gap.
Limitation
A gap between origin and export country describes a shipment route; it asserts nothing about tariff evasion or transshipment intent. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
Export price and volumeState The record separates how much of any export-value change is price and how much is volume
Domain
Export price and volume
State
The record separates how much of any export-value change is price and how much is volume
Direction
—
Confidence basis
Directly observed: fixed-weighted export price and volume indexes on a customs basis, seasonally adjusted, from Statistics Canada's international trade price and volume tables.
Distance to target
No registered target or benchmark
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Trigger
The next release, or a divergence opening between the two indexes.
Limitation
This panel uses fixed-weighted indexes. A different weighting and the separate quarterly table are outside this comparison. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
Daily truck crossingsState A complete September of truck counts, with calendar effects unresolved
Domain
Daily truck crossings
State
A complete September of truck counts, with calendar effects unresolved
Direction
—
Confidence basis
Statistics Canada's daily table, based on CBSA counts. Monthly averages use daily counts; the plate share divides plate counts by all entries.
Distance to target
No registered target or benchmark
Next release
Next release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.
Trigger
New days or revisions. A full month after the duties took effect would extend coverage, not identify their effect.
Limitation
Preliminary, unadjusted entries: September has more weekdays and fewer weekend days than August; Labour Day is counted as a weekday. No holiday or seasonal adjustment is applied. Monthly averages do not establish a trade trend. Plates do not identify cargo origin, goods values or duties paid. The first captured month remains partial.
Provinces and statesState For every province, one United States state buys more of its domestic exports than any other -- and how much of a province's domestic-export sales to the United States that one state accounts for varies widely from province to province. Domestic exports leave out goods shipped onward through Canada, so this is a narrower total than the Canada-level export share reported elsewhere on this Monitor
Domain
Provinces and states
State
For every province, one United States state buys more of its domestic exports than any other -- and how much of a province's domestic-export sales to the United States that one state accounts for varies widely from province to province. Domestic exports leave out goods shipped onward through Canada, so this is a narrower total than the Canada-level export share reported elsewhere on this Monitor
Direction
—
Confidence basis
Directly observed: each province's exports to each individual United States state, all product sections combined, from Statistics Canada's provincial and state trade table. The largest state and its share are identified for every province; Canada-level merchandise trade by tariff-classification section is also read from the same table.
Distance to target
No registered target or benchmark
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Trigger
The next release, updating every province's exports-by-state figures for a new month, or a province's largest destination changing.
Limitation
This province-by-state reading uses Statistics Canada's 'domestic exports' figures, which leave out goods shipped onward through Canada without being made here. That is a different, narrower total than the Canada-level export share reported elsewhere on this Monitor, and the two are never added together. A leftover category the table calls 'Other states' is not counted as a single state when finding each province's biggest customer. Where two states are exactly tied for largest in a province, this record refuses to break the tie and states that no single largest destination exists that month; no tie occurs in this reading. The full breakdown by product type, province, and state together is outside this comparison. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
The tariff-status gapState No institution publishes a continuous, machine-readable measure of tariff coverage or effective rates
Domain
The tariff-status gap
State
No institution publishes a continuous, machine-readable measure of tariff coverage or effective rates
Direction
—
Confidence basis
Absence, not a measurement: the operative tariff documents state rates, scopes, and effective dates, but no consolidated official series states what share of exports is actually tariffed, at what effective rate, once qualification, classification, exclusions, and stacking rules are applied.
Distance to target
No registered target or benchmark
Next release
No scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.
Trigger
Either government publishing a continuous, openly licensed tariff-coverage series, or customs releasing duty-assessed values beside trade values on a compatible classification.
Limitation
Any stated coverage percentage beyond what a government has itself published would be an outside model, not a reading of this record.
DomainStateDirectionConfidence basisDistance to targetNext releaseTriggerLimitation
Headline US export shareThe United States remains the main destination in the latest held customs-basis goods-export reading—Direct monthly customs-basis values from Statistics Canada country-partner merchandise-trade table. The separately qualified Balance of Payments rolling-share comparison appears in the exports Brief; it is not this panel’s measure.No registered target or benchmarkSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.New customs-basis monthly observations or revisions to this source edition.This panel’s monthly customs-basis share is distinct from the Brief’s seasonally adjusted Balance of Payments twelve-month share. The full monthly reference period is stated with the panel. Timing and aggregate movements alone identify neither tariff effects nor duties paid.
Sectoral compositionSelected sectors; full current coverage is not established—Directly observed: a controlled slice of major industry sectors within Statistics Canada's international trade by industry table; not every sector is restated (see limitation).No registered target or benchmarkSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release or a broader verified sector breakdown.This selected breakdown covers named sectors; other sectors, including Utilities with two different source categories sharing one label, are not fully identified by this breakdown. Full-month reference dates are stated with the panel; timing alone cannot identify tariff effects or duties paid.
CUSMA qualificationMost exports and roughly half of imports already qualify under the trade agreement—Directly observed: the monthly share of exports and imports qualifying under the Canada-United States-Mexico Agreement, from Statistics Canada's trade-under-CUSMA table. This is the closest observable this record holds to the tariff-status gap stated below; it narrows that gap without closing it.No registered target or benchmarkSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, or any change in which goods qualify under the agreement.Trade-agreement qualification is not a duty assessment, a tariff-preference utilization measure, or an effective tariff rate. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
Origin-versus-export routingMost imports recorded as coming from the United States also originate there, with a smaller routed-through share—Directly observed: the gap between where an import is recorded as exported from and where it is recorded as originating, from Statistics Canada's country-of-origin trade table.No registered target or benchmarkSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, or a sustained widening or narrowing of the gap.A gap between origin and export country describes a shipment route; it asserts nothing about tariff evasion or transshipment intent. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
Export price and volumeThe record separates how much of any export-value change is price and how much is volume—Directly observed: fixed-weighted export price and volume indexes on a customs basis, seasonally adjusted, from Statistics Canada's international trade price and volume tables.No registered target or benchmarkSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, or a divergence opening between the two indexes.This panel uses fixed-weighted indexes. A different weighting and the separate quarterly table are outside this comparison. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
Daily truck crossingsA complete September of truck counts, with calendar effects unresolved—Statistics Canada's daily table, based on CBSA counts. Monthly averages use daily counts; the plate share divides plate counts by all entries.No registered target or benchmarkNext release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.New days or revisions. A full month after the duties took effect would extend coverage, not identify their effect.Preliminary, unadjusted entries: September has more weekdays and fewer weekend days than August; Labour Day is counted as a weekday. No holiday or seasonal adjustment is applied. Monthly averages do not establish a trade trend. Plates do not identify cargo origin, goods values or duties paid. The first captured month remains partial.
Provinces and statesFor every province, one United States state buys more of its domestic exports than any other -- and how much of a province's domestic-export sales to the United States that one state accounts for varies widely from province to province. Domestic exports leave out goods shipped onward through Canada, so this is a narrower total than the Canada-level export share reported elsewhere on this Monitor—Directly observed: each province's exports to each individual United States state, all product sections combined, from Statistics Canada's provincial and state trade table. The largest state and its share are identified for every province; Canada-level merchandise trade by tariff-classification section is also read from the same table.No registered target or benchmarkSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, updating every province's exports-by-state figures for a new month, or a province's largest destination changing.This province-by-state reading uses Statistics Canada's 'domestic exports' figures, which leave out goods shipped onward through Canada without being made here. That is a different, narrower total than the Canada-level export share reported elsewhere on this Monitor, and the two are never added together. A leftover category the table calls 'Other states' is not counted as a single state when finding each province's biggest customer. Where two states are exactly tied for largest in a province, this record refuses to break the tie and states that no single largest destination exists that month; no tie occurs in this reading. The full breakdown by product type, province, and state together is outside this comparison. Monthly reference periods cover the full month; their relation to legal dates is stated with each panel. Timing alone identifies neither tariff effects nor duties paid.
The tariff-status gapNo institution publishes a continuous, machine-readable measure of tariff coverage or effective rates—Absence, not a measurement: the operative tariff documents state rates, scopes, and effective dates, but no consolidated official series states what share of exports is actually tariffed, at what effective rate, once qualification, classification, exclusions, and stacking rules are applied.No registered target or benchmarkNo scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.Either government publishing a continuous, openly licensed tariff-coverage series, or customs releasing duty-assessed values beside trade values on a compatible classification.Any stated coverage percentage beyond what a government has itself published would be an outside model, not a reading of this record.

Cross-domain tensions

Evidence cutoff: 2026-11-10

Earlier Monitor readings

Their wording and upcoming-release statements belong to the dates shown.

Reading through 2026-09-16

The truck row now covers August; monthly trade rows retain July. August has more weekend days, so its unadjusted averages do not establish a trade trend. The trade reading is unchanged: the United States share is this record's lowest and United States-bound exports ended their run of monthly rises. Trade observations precede both countries' duties. August truck counts straddle the United States duties' effective date but precede Canada's counter-tariffs. Neither tariff effects nor effective coverage are measured here.

Reading through 2026-10-04

The truck row now covers August; monthly trade rows retain July. August has more weekend days, so its unadjusted averages do not establish a trade trend. The trade reading is unchanged: the United States share is this record's lowest and United States-bound exports ended their run of monthly rises. Trade observations precede both countries' duties. August truck counts straddle the United States duties' effective date but precede Canada's counter-tariffs. Neither tariff effects nor effective coverage are measured here.

Reading through 2026-10-13

Daily truck counts now cover all September. The computed goods and services rows cover August, and the separately dated August Balance of Payments successor below retains its own definitions. September has a higher daily average and a lower United States plate share than August, with different calendar and holiday composition. Labour Day counts as a weekday in these calendar totals. These unadjusted counts do not establish a trade trend. Neither counts nor trade aggregates identify tariff effects or duties paid.

Headline US export share: The United States receives most of Canada's goods exports, and its share over the latest twelve months is the lowest this record holds. Next merchandise-trade release: November 4, 2026, for the September reference month, as stated in the October 6 issuer release. Other source families have separate release dates.

Sectoral composition: A small number of major sectors carry nearly all of Canada's exports to the United States. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

CUSMA qualification: Most exports and roughly half of imports already qualify under the trade agreement. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

Origin-versus-export routing: Most imports recorded as coming from the United States also originate there, with a smaller routed-through share. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

Export price and volume: The record separates how much of any export-value change is price and how much is volume. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

Daily truck crossings: A complete September of truck counts, with calendar effects unresolved. Next release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.

Provinces and states: For every province, one United States state buys more of its domestic exports than any other -- and how much of a province's domestic-export sales to the United States that one state accounts for varies widely from province to province. Domestic exports leave out goods shipped onward through Canada, so this is a narrower total than the Canada-level export share reported elsewhere on this Monitor. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

The tariff-status gap: No institution publishes a continuous, machine-readable measure of tariff coverage or effective rates. No scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.

Reading through 2026-10-27

Daily truck counts now cover all September. The computed goods and services rows cover August, and the separately dated August Balance of Payments successor below retains its own definitions. September has a higher daily average and a lower United States plate share than August, with different calendar and holiday composition. Labour Day counts as a weekday in these calendar totals. These unadjusted counts do not establish a trade trend. Neither counts nor trade aggregates identify tariff effects or duties paid.

Headline US export share: The United States remains the main destination in the latest held customs-basis goods-export reading. Next merchandise-trade release: November 4, 2026, for the September reference month, as stated in the October 6 issuer release. Other source families have separate release dates.

Sectoral composition: Selected sectors; full current coverage is not established. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

CUSMA qualification: Most exports and roughly half of imports already qualify under the trade agreement. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

Origin-versus-export routing: Most imports recorded as coming from the United States also originate there, with a smaller routed-through share. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

Export price and volume: The record separates how much of any export-value change is price and how much is volume. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

Daily truck crossings: A complete September of truck counts, with calendar effects unresolved. Next release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.

Provinces and states: For every province, one United States state buys more of its domestic exports than any other -- and how much of a province's domestic-export sales to the United States that one state accounts for varies widely from province to province. Domestic exports leave out goods shipped onward through Canada, so this is a narrower total than the Canada-level export share reported elsewhere on this Monitor. No issuer-stated next release date is held for this table. The separate headline merchandise-trade release is scheduled for November 4, 2026.

The tariff-status gap: No institution publishes a continuous, machine-readable measure of tariff coverage or effective rates. No scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.

Canada's trade with the United States sets prices, jobs, and policy choices across the economy, and the two countries' governments are now applying and answering tariff actions against each other. This view holds the record's own trade tables together in one place: what is directly observed, what a trade-agreement qualification narrows without closing, and what no institution yet measures at all.

8 cited sources · 8 directly observed · 0 correlated or inferred · 1 unresolved

The evidence cutoff states the scope of the review. Reference dates identify the periods measured by individual figures. The assessed date records when Countability last reconsidered the reading; the oldest member reading identifies the earliest period among its cited inputs. How to read the clock →

The watch

Each dated check stays in the history below, whether new evidence changed the answer or confirmed it.

Since the last reading

New periodEvidence 2026-11-05

Goods exports to countries other than the United States rose by $49.1 billion in the first nine months of 2026 from a year earlier. Unwrought gold and other precious metals account for $25.8 billion of that, or 53%.

For all destinations together, export prices rose 9.7% and export volume did not change over the same nine months. For all destinations, the export price of the gold category rose 41%.

The full check

What happened: Budget 2026 reports progress toward doubling non-U.S. exports by the end of 2035. Its figures reproduce on Statistics Canada's balance of payments data. The product split is from customs data, table 12-10-0182.

Limitation: The budget's figures cover goods and services on a balance of payments basis. The gold share is for goods on a customs basis. Statistics Canada's export price and volume indexes cover all destinations together, so this record has no volume measure for non-U.S. exports alone.

Next trigger: The October trade release, scheduled for December 8.

Budget 2026 ("Masters of our destiny")

Canadian international merchandise trade for total exports, domestic exports and re-exports, by country of destination and country of origin, customs-based, monthly — Source: Statistics Canada, Canadian international merchandise trade for total exports, domestic exports and re-exports, by country of destination and country of origin, customs-based, monthly, 2026-09-01. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

International merchandise trade, by commodity, price and volume indexes, monthly — Source: Statistics Canada, International merchandise trade, by commodity, price and volume indexes, monthly, 2026-09-01. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

International merchandise trade, balance of payments basis, seasonally adjusted — Source: Statistics Canada, International merchandise trade, balance of payments basis, seasonally adjusted, 2026-09-01. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Balance of international payments, current account and capital account, annual — Source: Statistics Canada, Balance of international payments, current account and capital account, annual, n.d.. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Balance of international payments, current account and capital account, quarterly — Source: Statistics Canada, Balance of international payments, current account and capital account, quarterly, n.d.. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

  1. 2026-11-05 · New period
    Goods exports to countries other than the United States rose by $49.1 billion in the first nine months of 2026 from a year earlier. Unwrought gold and other precious metals account for $25.8 billion of that, or 53%.
  2. 2026-11-04 · New period
    The U.S. share of Canada’s goods exports was 68.30% over the twelve months through September 2026, against 73.49% over the preceding twelve months. In September, U.S.-bound exports rose 0.7% while exports to other countries fell 1.1%.
  3. 2026-10-13 · New period
    September is fully covered: 14,614.87 truck entries/day, including 1,811.87 with United States plates (12.40%). August: 14,144.03 entries/day and a 12.57% plate share. September has 22 weekdays and 8 weekend days; August has 21 and 10. These unadjusted averages do not establish a trade trend.
  4. 2026-10-09 · New period
    The U.S. share of Canada’s goods exports was 68.34% over the twelve months through August 2026, compared with 73.88% over the preceding twelve months. U.S.-bound exports rose 8.1% in August from July, to $54.35 billion.
  5. 2026-09-14 · New reading
    The United States import bans reach their legal effective date on September 29. Three proclamations cover specific Canadian alcoholic beverages, whey and molasses products, non-alcoholic beer and motorcycles in the tariff line for engines over 800 cc. These are listed products, not whole industries. Two further proclamations changed the goods subject to earlier 50 percent duties from September 15 and made those amended duties apply alongside Section 232 duties. The trade reading remains on July, before these September actions.
  6. 2026-09-14 · New period
    August is fully covered: 14,144.03 truck entries/day, including 1,778.42 US-plated (12.57%). July: 14,329.90 entries/day, including 1,811.55 US-plated (12.64%). August has more weekend days; entries rose within both weekday and weekend groups. Plate shares rose on weekdays but fell on weekends; these averages do not establish a trade trend.
  7. 2026-09-03 · New reading
    The U.S. Exposure Brief now compares July 2026 trade by road, rail, air, water and other transport. Each mode shows exports and imports separately, against July 2025 and against its own world total.
  8. 2026-09-03 · New period
    Third reading, on the July 2026 trade record, and the share set a record. Over the twelve months through July 2026 the United States bought 68.50 per cent of Canada's goods exports, against 74.08 per cent a year earlier -- a one-year fall of 5.58 percentage points. That window is the lowest United States share in the twenty-nine-year monthly record, and unlike the previous low it stands alone: the next-lowest window, ending April 2026, reads 68.99 per cent, half a percentage point higher. The single month is sharper than the window. Exports to the United States fell 6.6 per cent from June to July, ending a run of five straight monthly rises, while exports to every other country together rose 7.4 per cent to the highest monthly level this record holds. In July, 33.7 per cent of Canada's goods exports went somewhere other than the United States. The reallocation is still narrow: 52.7 per cent of the twelve-month rest-of-world rise is the United Kingdom alone, and on the customs record the all-countries unwrought gold, silver and platinum-group-metals series is up 43.9 per cent window on window. Motor vehicles found almost no other buyer -- a 9.7 per cent fall in United States-bound sales against a rest-of-world gain worth 5.6 cents of every dollar lost.
  9. 2026-08-26 · First reading

Next evidence

The named releases that could change a row of this Monitor, and what each could change.

Headline US export shareNext release September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Row
Headline US export share
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Could change
New customs-basis monthly observations or revisions to this source edition.
Sectoral compositionNext release September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Row
Sectoral composition
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Could change
The next release or a broader verified sector breakdown.
CUSMA qualificationNext release September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Row
CUSMA qualification
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Could change
The next release, or any change in which goods qualify under the agreement.
Origin-versus-export routingNext release September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Row
Origin-versus-export routing
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Could change
The next release, or a sustained widening or narrowing of the gap.
Export price and volumeNext release September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Row
Export price and volume
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Could change
The next release, or a divergence opening between the two indexes.
Daily truck crossingsNext release Next release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.
Row
Daily truck crossings
Next release
Next release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.
Could change
New days or revisions. A full month after the duties took effect would extend coverage, not identify their effect.
Provinces and statesNext release September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Row
Provinces and states
Next release
September headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.
Could change
The next release, updating every province's exports-by-state figures for a new month, or a province's largest destination changing.
The tariff-status gapNext release No scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.
Row
The tariff-status gap
Next release
No scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.
Could change
Either government publishing a continuous, openly licensed tariff-coverage series, or customs releasing duty-assessed values beside trade values on a compatible classification.
2026-12-08Next release Canadian international merchandise trade, October 2026 (Statistics Canada)
Row
2026-12-08
Next release
Canadian international merchandise trade, October 2026 (Statistics Canada)
Could change
The next matched trade month and historical revisions. Date stated in the captured November 4 issuer article.
RowNext releaseWhat it could change
Headline US export shareSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.New customs-basis monthly observations or revisions to this source edition.
Sectoral compositionSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release or a broader verified sector breakdown.
CUSMA qualificationSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, or any change in which goods qualify under the agreement.
Origin-versus-export routingSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, or a sustained widening or narrowing of the gap.
Export price and volumeSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, or a divergence opening between the two indexes.
Daily truck crossingsNext release: not stated in the captured evidence. Recheck when new daily observations or revisions appear.New days or revisions. A full month after the duties took effect would extend coverage, not identify their effect.
Provinces and statesSeptember headline merchandise trade was released November 4. The issuer schedules October headline trade for December 8; this panel’s source family may have a different release date.The next release, updating every province's exports-by-state figures for a new month, or a province's largest destination changing.
The tariff-status gapNo scheduled release closes this gap; the trade-agreement qualification row above narrows it without closing it, and the dated tariff-actions record on this site states the operative documents directly.Either government publishing a continuous, openly licensed tariff-coverage series, or customs releasing duty-assessed values beside trade values on a compatible classification.
2026-12-08Canadian international merchandise trade, October 2026 (Statistics Canada)The next matched trade month and historical revisions. Date stated in the captured November 4 issuer article.

All upcoming evidence on Now →

Headline US export share

The share of Canada's total goods exports, on a customs basis, that go to the United States.

Blocked
SeriesLatest valueDate / formula
exports to us$51,399,630,0002026-09-01
exports to all$73,682,993,0002026-09-01
us share pct69.76%2026-09-01 — exports_to_us / exports_to_all * 100

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Sectoral composition

Which industry sectors carry Canada's exports to the United States.

SeriesLatest valueDate / formula
exports to us total$48,875,473,3252026-09-01
exports to all total$73,682,996,4042026-09-01
exports to us agriculture$1,317,581,3642026-09-01
exports to us mining$14,427,360,5372026-09-01
exports to us manufacturing$32,011,973,9332026-09-01
exports to us wholesale$802,506,5522026-09-01

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: The selected sectors are agriculture, mining, manufacturing and wholesale trade. They cover about 99.39% of U.S.-bound exports in the retained June 2026 single-month diagnostic: CAD 51,710,493,629 of CAD 52,026,563,419, in current dollars. This retained percentage is not a current coverage estimate. The remaining 0.61% (CAD 316,069,790) includes other sectors. Utilities is excluded because the source uses the same label for two different categories; the selected breakdown does not resolve those categories. It is not a full sector census.

CUSMA qualification

The share of trade with the United States that already qualifies for treatment under the Canada-United States-Mexico Agreement.

SeriesLatest valueDate / formula
cusma exports$52,288,842,0002026-09-01
total exports$73,682,993,4002026-09-01
cusma export share pct70.96%2026-09-01 — cusma_exports / total_exports * 100
cusma imports$37,468,527,7002026-09-01
total imports$70,722,765,1002026-09-01
cusma import share pct52.98%2026-09-01 — cusma_imports / total_imports * 100

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: Narrows the tariff-status evidence gap this Monitor states separately; does not close it. This is the free-trade-agreement qualification dimension, not a duty assessment, tariff-preference utilization measure, or effective tariff rate.

Origin-versus-export routing

Whether goods entering Canada from the United States were also produced there, or only shipped from there.

SeriesLatest valueDate / formula
imports origin us$32,049,561,0002026-09-01
imports exportedfrom us$41,135,538,0002026-09-01
origin vs export gap$9,085,977,0002026-09-01 — imports_exportedfrom_us - imports_origin_us

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: Separates a shipment route from a rule-of-origin determination; a positive or negative gap asserts nothing about tariff evasion or transshipment intent.

Export price and volume

Whether a change in the dollar value of exports comes from prices or from volumes.

SeriesLatest valueDate / formula
export price index157.7 (index (2017=100))2026-09-01
export volume index102.1 (index (2017=100))2026-09-01

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: Laspeyres fixed-weighted series only; the Paasche-weighted and balance-of-payments-basis alternatives exist in the cube and are not fetched (a documented, single weighting-basis choice, not a claim about StatCan's preferred convention). The quarterly sibling table 12-10-0169-01 is rights-registered but not yet fetched.

Daily truck crossings

The daily count of trucks entering Canada, and the share carrying United States plates — the Monitor's only sub-monthly evidence.

SeriesLatest valueDate / formula
trucks total monthly avg14,614.87 trucks/day2026-09-01 — mean(daily trucks entering Canada, by month)
trucks us plated monthly avg1,811.87 trucks/day2026-09-01 — mean(daily American-plated trucks entering Canada, by month)
trucks us plated share pct12.40%2026-09-01 — trucks_us_plated_monthly_avg / trucks_total_monthly_avg * 100

The series above are labelled by the month they summarize (aggregation bucket START dates); the underlying table's own latest observation is 2026-09-30, restated below.

Latest daily observation: 2026-09-30 — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: Canada totals only. Monthly values are arithmetic means of captured daily counts, which remain archived. 2025-07 is PARTIAL: 4 weekdays and 2 weekend days, 2025-07-26 through 2025-07-31; do not read it as a complete-month trend point.

Services trade

Canada's total trade in services with the world, read beside the goods rows above. Moved out of the state matrix and into this Monitor's coverage gaps by editorial decision: this table carries no United States-specific partner breakdown, so it is not presented as a United States-exposure reading. The evidence stays acquired and registered on the record, the same as every other row, until United States-partner services data is captured, and it is refreshed at each maintained reading with the goods rows.

SeriesLatest valueDate / formula
services exports$21,373,000,0002026-09-01
services imports$21,047,000,0002026-09-01

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: This table carries no United States-specific partner breakdown; these are Canada's total services trade with the world, read beside the goods rows, not a US-specific services measure.

Provinces and states

Merchandise trade between Canada and the United States by tariff classification section, at the Canada level, plus each province's largest single United States-state destination for domestic exports and that state's share of the province's United States-bound domestic exports. The Canada-level figures in this row read 'total exports' and the province figures read 'domestic exports' -- two different quantities from the same table, never added together or divided by one another.

SeriesLatest valueDate / formula
exports to us$51,399,630,0002026-09-01
imports from us$32,049,561,0002026-09-01

Each province’s largest United States-state destination, domestic exports only

For each province, its largest single U.S.-state domestic-export destination and that state's share of the province's total U.S.-bound domestic exports, all HS sections, single latest reference month. 'Domestic exports' (excludes re-exports) is the only Trade member this cube populates at the provincial level -- the headline United States export share reported elsewhere on this Monitor reads 'Total exports' (includes re-exports), a different quantity, never merged with this row. Both sit on this page, and they do not reconcile: Canada's total exports to the United States for 2026-09-01 are $51,399,630,000, while the ten provinces' domestic exports to the United States sum to $47,231,608,000 -- a difference of $4,168,022,000. That difference is not decomposed here. The two figures differ in the cube's Trade member (total exports include re-exports; domestic exports do not) AND in its geographic coverage (the ten provinces exclude the territories and any province-not-specified member carried at the Canada level), and this record does not apportion the gap between those causes or divide either figure by the other. 'Other states', a residual cube member naming no single jurisdiction, is excluded from the largest-destination search. Where two states are exactly tied for largest in a province, this record refuses to break the tie by list position: it states that no single largest destination exists that month rather than naming whichever member the cube happens to list first. No tie occurs in this reading. Every province's 50 named states plus the District of Columbia and the residual are reconciled against that province's own independently fetched total before any share is derived.

ProvinceTotal to United States (domestic exports)Largest United States-state destinationValueShare of the province’s United States-bound domestic exportsDate
Newfoundland and Labrador$620,133,000Louisiana$166,802,00026.90%2026-09-01
Prince Edward Island$166,300,000New Jersey$21,562,00012.97%2026-09-01
Nova Scotia$369,140,000Illinois$70,562,00019.12%2026-09-01
New Brunswick$1,216,326,000Massachusetts$420,789,00034.60%2026-09-01
Quebec$7,192,264,000Connecticut$854,317,00011.88%2026-09-01
Ontario$17,143,916,000Michigan$3,793,609,00022.13%2026-09-01
Manitoba$1,051,664,000Minnesota$174,460,00016.59%2026-09-01
Saskatchewan$2,320,137,000Minnesota$402,063,00017.33%2026-09-01
Alberta$14,811,343,000Illinois$6,284,228,00042.43%2026-09-01
British Columbia$2,340,385,000Washington, State$590,387,00025.23%2026-09-01

Latest monthly observation: 2026-09 (2026-09-01 to 2026-09-30) — on or after the date the duties became legally effective (2026-08-22). Timing alone does not identify tariff effects or duties paid.

Limitation: The Canada-level series above are 2 of 15 x 4 x 53 x 22 cube members; the HS-section-by-province-by-state full micro-cut is still not fetched (controlled storage; fetch only what a reading needs). The province x US-state concentration reading above fetches all 15 x 10 x 52 x 1 province-by-state combinations at the all-HS-sections total, on the cube's 'Domestic exports' Trade member -- the only one populated at provincial grain, verified directly against the issuer's own published cube. The headline United States export share reported elsewhere on this Monitor reads 'Total exports', a different, broader quantity never merged with this row's provincial figures.

The tariff-status gap

What no government publication states: the actual tariff coverage and effective rate applied to Canadian exports.

Blocked
Evidence gap

What share of Canada's exports to the United States is actually subject to tariffs right now, and at what effective rates?

What is missing: No official source on either side of the border publishes a continuously updated, machine-readable statement of the tariff status of Canadian exports. The operative documents state rates, scopes, and effective dates, but the duty actually applied to a shipment depends on USMCA qualification, product classification, exclusions, stacking rules, and later modifications — determinations spread across executive orders, proclamations, agency notices, and rulings, with no consolidated official series.

Consequence: The U.S. Exposure Brief shows the export record beside the dated tariff actions, but it cannot state what fraction of U.S.-bound exports is tariffed or at what effective rate — any such coverage percentage would be an outside model, not a reading of the record. Public claims about 'x per cent of exports now face tariffs' rest on estimates whose assumptions are rarely published.

What would close it: Either government publishing a continuously updated, openly licensed series of duty collections or tariff coverage on Canada–U.S. trade at product grain — or customs releasing duty-assessed values beside trade values on a compatible classification.

Directly observed

Unresolved

This page holds the current public record for this Monitor. For a more specific question, see Work with Countability.

Work with Countability