Tariff Resources for Simcoe County Businesses
Navigating Current Tariff Actions
The United States has announced tariffs of 25% on Canadian goods and 10% on energy exports from Canada. Canada has implemented a comprehensive plan to support its businesses and workers in response.
Canada announces robust tariff package in response to unjustified U.S. tariffs – Canada.ca
These changes present challenges but also offer opportunities for Canadian businesses to innovate and diversify. Various support programs and financial assistance are available to help businesses navigate these changes.
We Want to Hear from You
Tariff Impact Assessment
Your insights are invaluable in helping us understand the real impact of the current tariffs on businesses in Simcoe County.
By participating in the assessment, you can identify challenges by sharing the specific ways tariffs are affecting your operations and strengthen the community by contributing to a collective effort to build resilience and find innovative solutions.
Take a few minutes to complete the assessment and make your voice heard. Together, we can navigate these challenges and emerge stronger.
Business Support Resources
Government of Canada
Business Support Resources
Government of Canada
Updates on trade policy, tariff regulations, and potential relief programs:
International trade and investment
Canada announces robust tariff package in response to unjustified U.S. tariffs – Canada.ca
Canada’s engagement with the United States
News: Department of Finance Canada – Canada.ca
Foreign Trade Zone – Canada.ca
Trade Commissioner Service – Home
Export Development Canada (EDC)
the EDC helps Canadian companies of all sizes succeed in global markets with trade knowledge, financial solutions, insurance, equity and connections.
U.S. market intelligence | EDC
TradeInsights | Export Development Canada
EDC Trade Impact Program | EDC
Business Development Bank of Canada (BDC)
Prepared resources and tools to mitigate the impacts of a tariff increase, updating regularly to share information to meet the needs of businesses and help make the best possible decisions for your business.
Resources for Canadian businesses facing U.S. tariffs | BDC.ca
Customs & duty calculator for your business | Canada Tariff Finder
Running your business in 2025: Building resilience in a changing world | BDC.ca
How to Prepare your Business for Trade Uncertainty
Canadian Chamber of Commerce
Keep up to date on topics related to business, trade, and the economy
News – Canadian Chamber of Commerce
Canada-U.S. Trade Tracker – Business Data Lab
Bank of Canada
Recent factors affecting the Canada-US exchange rate – Bank of Canada
Evaluating the potential impacts of US tariffs – Bank of Canada
Press releases – Bank of Canada
Made in Canada
Visit Made in CA to discover a comprehensive list of Canadian-made products and companies. By sourcing locally, you can reduce the impact of tariffs on your business, support the local economy, and find high-quality alternatives to imported goods.
Canadian Federation of Agriculture (CFA)
Canada–US Agriculture | CFA-FCA
Government of Ontario
Recent News | Ontario Newsroom
Premier of Ontario | YouTube Press Releases
Information on provincial support for exporters/importers and trade relationships:
Building Fortress Am-Can: Ontario’s Am-Can growth plan | ontario.ca
Ontario Chamber of Commerce
Navigating US Tariffs_Tops for Ontario SMEs to Stay Competitive
Canadian Manufacturers & Exporters
Manufacturer Information Hub – Trade & Tariffs — CME
Excellence in Manufacturing Consortium
EMC Canada / US Trade Relations: updates and resources
Navigating Your Cross Border Strategy – EMC Canada Webianar: Thursday, February 27, 2025, 1:30pm
TrilliumGIS – Asset and Ecosystem Map
TrilliumGIS is an advanced manufacturing sector asset and ecosystem map. The platform contains information about more than 12,000 Ontario manufacturing establishments and more than 250 publicly-funded or not-for-profit ecosystem partner organizations mandated to support Ontario’s advanced manufacturing sector. TrilliumGIS is free to use and open to the public. That has been made possible by support from the government of Ontario
TrilliumGIS • Trillium Network
Work in Simcoe County
For additional support and resources, visit the Work in Simcoe County website. You’ll find a local job board, career exploration tools, training programs, and networking events to help your business navigate the current economic challenges and thrive.
RBC Economic and Thought Leadership
This document provides an initial analysis of the economic impacts resulting from the recent trade disruptions between the U.S. and Canada, highlighting key takeaways and potential strategies for businesses to navigate the evolving trade landscape
A US-Canada trade shock now in play: first economic takeaways.pdf
Scotiabank
Rules of Thumb for Estimating the Impact of U.S. Tariffs on
MORE BUSINESS RESOURCES
https://edo.simcoe.ca/resources/business-resources/
Strong and Innovative Businesses
A strategic goal of the County of Simcoe’s Economic Development Office (EDO) is to ensure that Businesses stay and grow in this region and that they are supported by a strong and innovative environment. As such, the EDO strives to enhance communication regarding resources, events and education available to support the business community. The resources listed below provide opportunities for the Business Development ecosystem to stay aware of shifting trends and to develop partnerships that will support innovation in the workplace. Access to a robust and up-to-date catalogue of business resources helps Simcoe County-based businesses to remain competitive and ready to take-on rapidly shifting markets.
Immense pride is taken in the craftsmanship and innovation that defines Simcoe County. Discovering local products in Simcoe County can help mitigate the impact of tariffs by supporting the local economy and reducing reliance on imported goods.
Explore unique, high-quality products made right here in Simcoe CountY