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More on Canadian Tariffs and Ken Kelly’s Return to Roofing
The tariffs imposed by President Donald Trump on Canada last month – and the proposed Canadian pushback -- sparked concern across multiple industries.
RC Legal Insights Expert Trent Cotney, partner with Adams & Reese, recently weighed in on the impact of proposed tariffs on Canadian imports that are already affecting construction material pricing. Although negotiations may still be underway, and the tariffs may not take effect as proposed, Cotney still urged roofing contractors to review their contracts and estimating practices.
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Tariffs between the U.S. and Canada are creating potential pricing challenges for roofing contractors, particularly for materials, equipment and tools. Roofing Contractor Legal Insights expert Trent Cotney recommends reviewing contracts and adding price-escalation and material-substitution clauses to help manage unexpected costs and availability issues.
He recommends a straightforward review of every contract, and every new contract should include price escalation clauses that address sudden increases in material costs for the future.
“It’s not every single category of construction materials that come from Canada,” Cotney said. “But, still, it impacts everything – from those materials to the potential equipment and tools, and that’s something that could ultimately impact pricing on projects.”
They should also have material substitution provisions that provide flexibility if certain products become prohibitively expensive or unavailable.
Cotney also addressed other recent headlines grabbing the roofing industry, like Ken Kelly’s return to the industry. The former RC Residential Roofing Contractor of the Year recently bought his business back from private equity ownership after it shut down unexpectedly after more than 50 years.
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