RB Global Stock And 2 Cross Border Trade Picks As Canada Tariffs Loom

With the U.S. poised to apply tariffs of up to 50% on a wide range of Canadian imports from August 19, cross border trade is entering a new phase of complexity. That disruption could hurt some businesses yet create fresh demand for others that help move, store or clear goods at the border. This article walks through 3 stocks exposed to this news, and why they may deserve a closer look now.

The stocks covered below are just a starting sample, since the full screen surfaced 13 more companies with equally compelling cross border trade narratives that are not included in this article.

To identify and analyze the highest conviction ways to play rising Canada-U.S. trade frictions, head straight to the North American Cross-Border Trade Infrastructure and Services screener.

RB Global (RBA)

RB Global runs global marketplaces that help buyers and sellers trade commercial assets and vehicles, a useful position as cross border fleets and equipment owners adjust to more complex Canada U.S. trade flows. The company generates about $4.8b in revenue from business services tied to these marketplaces and related offerings across auctions, digital platforms, asset data and lifecycle services. With a market cap of roughly $15.6b, RB Global is a large player in this space.

For investors watching the Canada U.S. tariff story, RB Global offers exposure to how companies might rebalance fleets and repurpose assets when cross border flows, repair costs and salvage economics shift. The business has been building out its global reach and data driven services, supports dividends and buybacks, and has attracted higher analyst price targets in 2026. At the same time, it carries meaningful debt and depends on transaction volumes that can soften if customers delay selling equipment, so the potential opportunity comes with cycle and balance sheet risk that may warrant closer inspection.

RB Global’s expanding marketplaces could be masking a bigger story for cross border fleets. Review the 5 key rewards and 1 important warning sign to see how the opportunity and balance sheet pressure really line up.

Build your own cross border trade shortlist

RB Global and the two other stocks in this article all came from a single Simply Wall St screener, but the real advantage is in building your own set of filters. Use our flexible Screener to combine valuation, balance sheet and risk checks that fit your style, or jump straight into any of our curated Investing Ideas for ready made stock shortlists.

ACV Auctions (ACVA)

ACV Auctions runs a digital wholesale marketplace that helps dealers buy and sell used vehicles, a model that can become more important if Canada U.S. auto trade frictions push dealers to rebalance inventory across borders through faster remarketing rather than new imports. The company generates about US$801 million in revenue from its digital wholesale auction marketplace and related services, and currently operates this business in the United States. ACV Auctions has a market cap of roughly US$1.4b.

Investors watching cross border trade may wish to have ACV Auctions on the radar because it sits at the intersection of dealer pain points and digital tools. The platform combines AI driven inspections, pricing data and services such as ACV Transport and ACV Capital to help dealers keep vehicles moving even when tariffs complicate new car economics. At the same time, the stock reports losses, depends on dealer wholesale volumes and faces strong competition, so the investment case rests on whether its technology and remarketing centers can support a path toward durable profitability.

ACV Auctions appears to be a dealer tool whose US$801 million of platform revenue and AI powered inspections could be masking a bigger shift in how inventory gets rebalanced across borders. Get the analysis report for ACV Auctions

Calian Group (TSX:CGY)

Calian Group is a Canadian business services company that supports clients across defense, health, IT, cybersecurity and training. It fits this cross border trade screen because its advisory and managed services can help organizations respond to changing Canada U.S. trade rules and security requirements. The stock has a market cap of about CA$964 million, putting it solidly in mid cap territory.

Calian Group could appeal if you want exposure to defense, cybersecurity and government backed training contracts that may benefit from rising security and compliance demands tied to cross border trade. The company has a sizeable contract backlog and ongoing M&A program, and analysts see room for further value if execution on defense, health and IT services stays on track. The flip side is meaningful reliance on government and large enterprise budgets, plus acquisition and funding risks, so any stumble on contract timing or integration could weigh on results.

Calian Group’s mix of defense, health and IT contracts may be masking a bigger growth story around its contract backlog and M&A program. Scan the analyst forecasts for Calian Group to see what the market might be missing next.

Seeking Alternatives Before The Crowd

Fresh stock ideas do not stay under the radar for long. By the time momentum is flying, the early window is already dropping away. Move first and get in early.

• Target resilient cash generators while they are still being overlooked through the 53 high quality undervalued stocks that filters for quality fundamentals before the crowd catches on.
• Spot early movers in automation and industrial efficiency with the curated 37 robotics and automation stocks that highlights businesses riding real-world adoption rather than hype.
• Position ahead of potential power grid upgrades using the focused 39 power grid technology and infrastructure stocks that filters companies tied to modern transmission, stability and efficiency projects.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com