The city is analyzing the potential impact of U.S. tariffs on its operations and supply chains.
The threat of U.S. tariffs looming over Canadian businesses and organizations for at least 30 days has sparked a wave of concern and preparation. A 25% levy on goods and retaliatory measures could significantly disrupt operations, prompting many entities, including the City of Calgary , to analyze potential impacts. City administration anticipates consequences ranging from price fluctuations and product availability changes to potential supply chain delays if tariffs are implemented.
Acknowledging the vulnerability, Mayor Jyoti Gondek, who is traveling to Ottawa to discuss the issue with other Canadian mayors, emphasized that Calgary is not immune to the ramifications. She pointed out that essential supplies like water treatment chemicals could be sourced from the U.S., highlighting the city's reliance on cross-border trade. The Calgary Construction Association (CCA) underscores the complexity of identifying specific impacts due to deeply interconnected supply chains spanning both sides of the border. President Bill Black explained that materials often flow between Canada and the U.S. for processing and re-importation, making it challenging to pinpoint precise vulnerabilities. David Cooper, principal at Leading Mobility, noted that municipalities, like Calgary, could experience disruptions in purchasing specialized equipment, such as transit buses, due to the intricate global supply chains involved in their manufacturing. While the City of Calgary has taken proactive steps to prepare for potential tariffs, it remains undisclosed what these actions entail. Considering ongoing projects like the Event Centre and Green Line LRT, there is a window of opportunity to mitigate risks if a resolution is reached within the next 30 days
Tariffs Canada United States Calgary Economy Supply Chain
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian Businesses Brace for Potential U.S. TariffsCanadian businesses are preparing for the possibility of U.S. tariffs on their goods, with many companies exploring alternative sourcing options, adjusting pricing strategies, and strengthening their supply chains.
Read more »
Canadian Businesses Brace for Potential US TariffsCanadian businesses are preparing for the potential impact of 25% tariffs on Canadian goods announced by US President Donald Trump. Companies like Apricotton, a Toronto-based bra manufacturer, and Eatable, a Vaughan-based alcohol-infused popcorn company, are exploring various strategies to mitigate the effects of tariffs, including sourcing products from alternative countries, adjusting shipping routes, and considering price increases. The uncertainty surrounding the tariffs has prompted businesses to engage in extensive 'what-if' planning, utilizing software like Kinaxis to analyze potential scenarios and develop contingency plans.
Read more »
Canadian Businesses Brace for Impact of Potential U.S. TariffsDespite a month-long delay on U.S. tariffs on Canadian goods, Canadian businesses are taking steps to mitigate the potential economic fallout. They are analyzing their supply chains, exploring alternative suppliers, and diversifying their markets to reduce reliance on the U.S.
Read more »
Canadian Businesses Brace for Potential Tariffs, Urge Community SupportFollowing trade tensions with the U.S., Canadian businesses are preparing for potential tariffs, prompting some to reassess sourcing and product offerings. Restaurant owners are urging customers to support local businesses and highlighting the challenges small businesses face in adapting to drastic changes in supply chains.
Read more »
Canadian Farmers Brace for Potential Impact of Trump TariffsAs the threat of a 25 percent tariff on all Canadian imports to the U.S. looms, farmers in southern Alberta are facing uncertainty and preparing for potential economic fallout. With little guidance on how to navigate this situation, they are grappling with the unknown consequences.
Read more »
Canadian Businesses Brace for Trump Tariff ThreatA Bank of Canada survey reveals that Canadian businesses are feeling the pressure from Donald Trump's threat to impose 25% tariffs on Canadian goods starting February 1. The survey highlights the potential economic impact of these tariffs on various sectors.
Read more »