Canadian Businesses Brace for Tariffs

Business News

Canadian Businesses Brace for Tariffs
TariffsTradeCanadian Businesses
  • 📰 CTVNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 99%

Canadian businesses are preparing for potential price increases and new trade partners as tariffs loom.

Minister of Foreign Affairs Mélanie Joly and U.S. Secretary of State Marco Rubio walk towards the Treaty Room at the U.S. State Department, Wednesday, Jan. 29, 2025. Price increases, new partners on the table as Canadian businesses prepare for tariffsWhat’s happening in Ottawa this weekend: Jan 31-Feb.

I Replaced My Air Fryer With This Ninja 10-in-1 Toaster, And It’s The Most Versatile Tool In My KitchenHow to Hide Gray Roots Until You Can Book An Appointment With Your Colorist19 Of The Best Valentine's Day Gifts To Give In 2025 The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CTVNews /  🏆 1. in CA

Tariffs Trade Canadian Businesses Price Increases New Partners

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 Impact of US TariffsCanadian Businesses Brace for Impact of US TariffsA proposed 25% tariff on Canadian goods by the incoming US administration threatens to disrupt various sectors, from auto parts manufacturing to food production and chemical exports. CTV News Toronto explores the potential consequences for Canadian businesses facing this trade hurdle.
Read more »

Canadian Businesses Brace for Potential U.S. TariffsCanadian 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 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 Food Companies Brace for U.S. Tariffs, Seek Government SupportCanadian Food Companies Brace for U.S. Tariffs, Seek Government SupportThe threat of U.S. tariffs on Canadian goods has prompted calls for increased government support to bolster domestic food processing and manufacturing. While some companies contemplate moving operations south, experts believe a strong manufacturing strategy is crucial to mitigate the potential impact.
Read more »

Canada Awaits Trump Tariffs, Businesses Brace for ImpactCanada Awaits Trump Tariffs, Businesses Brace for ImpactWhile President Trump has postponed the implementation of a 25% tariff on imported goods, Canadian business leaders are already preparing for potential economic fallout. A Bank of Canada survey reveals widespread concern about rising costs and a negative impact on businesses. Canadian officials are closely monitoring the situation and exploring alternative trade partnerships.
Read more »

Canadian Farmers Brace for Potential Impact of Trump TariffsCanadian 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 »



Render Time: 2025-02-15 18:35:35