The Asian longhorned beetle (Anoplophora glabripennis Motschulsky) continues to pose a significant risk to deciduous forests around the world. We assess Asian longhorned beetle-related risks in eastern Canada by generating current and future climate suitability maps, import-based likelihood of introduction estimates for each urban center in our study area, and potential economic impacts in both urban and natural settings. For the current period, climatic suitability for Asian longhorned beetle was highest in southern Ontario, but was projected to expand significantly northward and eastward by midcentury. High likelihood of Asian longhorned beetle introduction was associated with large urban centers, but also smaller centers with high levels of pest-associated imports. Potential costs for the removal and replacement of Asian longhorned beetle-impacted street trees ranged from CDN$8.6 to $12.2 billion, with the exact amount and city-level ranking depending on the method used to calculate risk. Potential losses of merchantable maple (Acer) timber were estimated at CDN$1.6 billion using provincial stumpage fees and CDN$431 million annually when calculated using a combination of economic and forestry product statistics. The gross value of edible maple products, which could potentially be affected by Asian longhorned beetle, was estimated at CDN$358 million annually. These values can help inform the scale of early detection surveys, potential eradication efforts, and research budgets in the event of future Asian longhorned beetle introductions.