The uncertainty of the ongoing conversations on tariffs between officials in Canada and the United States can be discomforting. But one thing that remains consistent is that our Economic Development team is here to listen to your concerns and help troubleshoot your business issues, tariff related or not. If you need help navigating the current situation, are looking to connect with local supplies/distributors, or grow your business, don’t hesitate to reach out to our team; see contact info at the bottom of the page.
It is difficult to forecast what is on the horizon for tariffs as the situation seems to be changing daily. Regardless, it is important to stay up to date and informed on the ongoing situation. Below are some great resources that are frequently updated:
In addition to staying informed about tariff updates, business owners should proactively assess how potential changes could impact their operations and adjust their strategies accordingly. This could mean renegotiating supplier contracts, exploring new partnerships, or identifying cost-saving opportunities before disruptions occur. Staying adaptable and continuously evaluating business risks will help mitigate uncertainty and position businesses for long-term success.