Menu
Latest Announcement
Click here to view and download the details of this announcement
Trade and tariff uncertainty have become the hallmarks of the second Trump administration. The flurry of memoranda and executive orders in early 2025 related to trade have ostensively been based on President Trumps “America First Trade Policy” which covers three principal areas:
The flow of illegal drugs and/or migrants from Canada, Mexico and China into America has been used as a justification to utilize the International Emergency Economic Powers Act (IEEPA) to implement tariffs on imports from other countries.
Amongst the tariffs implemented or planned, are a number which will impact Canadian businesses (Both directly and indirectly). These include:
It should be noted that sector specific tariffs on Canadian products will be accumulative over the 25% on all Canadian goods and services exported to America.
The retaliatory tariffs already announced by the Canadian government will also have an inflationary impact on the cost of certain goods procured from America.
(See list of initial retaliatory tariffs here.)
More information, tools and support on tariffs and trade can be found in the sections below.
A free tool developed as a collaboration between, the Canadian Trade Commissioner Service of Global Affairs, BDC and EDC, that provides a way for businesses to quickly look up tariff rates for specific goods and markets. with a focus on countries with which Canada has a Free Trade Agreement.
A searchable database by the Government of Canada that helps businesses find trade data by product. It provides insights into import/export trends, key markets, and trade flows to support informed decision-making.
The webpage includes a detailed list of U.S. imports that will be impacted by Canadian retaliatory tariffs.
A search tool which allows businesses to search and identify a range of business benefits offered by the government which applies specifically for their business and unique needs.
A page by the EDC with information, resources and solutions specifically designed to help businesses navigate through trade uncertainty.
Access advice and tools to help businesses pivot and grow in the face of trade uncertainty.
Information and resources for businesses looking at exporting or diversifying export markets.
The Canadian Commercial Corporation supports businesses to pursue sales to foreign governments at all levels and provides a government-to-government contracting mechanism that de-risks the transaction for exporter and importer.
This site provides explanations, policy decisions and resources for businesses who would like to stay informed on the latest developments and supports from the Government regarding international trade.
The Trade Commissioner Service offers export advisory services, funding, qualified business contacts, accelerator programs and support at trade events, through their network across 160+ cities worldwide.
Small business loans of up to $100,000 for a variety of needs with interest only payments for the first 6 months.
Consulting and assistance by the BDC to help businesses with trade resilience
Comprehensive insights into the U.S. market, including economic trends, regulatory changes, and sector-specific opportunities.
An online calendar hosted by the Government to help businesses stay informed of upcoming international trade events, missions, and networking opportunities in support of Canadian exporters.
A comprehensive article on how businesses can measure impact and ready themselves in the face of U.S. tariffs.
An article that explores ways to manage the impact of tariffs on your supply chain.
A post that utilizes a business consulting framework called the Ansoff Matrix to help businesses explore new markets and/or products.
A tool designed by the Canadian Chamber of Commerce that illustrates the ties between the Canadian and U.S. economies.
A platform created by RBC with a range of trade solutions, insights, and financial tools to support businesses navigating international trade challenges. The tool offers access to over 190 country profiles, tools, and calculators to assist businesses in expanding diversifying and expanding globally.
A webinar hosted by the EDC which explains funding and other services which can assist in international expansions.
DUKE Heights BIA between Dufferin & Keele and Steeles & Sheppard. It’s the northernmost business hub of the city of Toronto powering business growth and opportunities for the city and beyond. We promote the potential of the area, provide support to businesses in the area and inject new resources to tap into the potential of the community.
#WeAreDUKEHeights
Follow Us!
The DUKE Heights BIA newsletter is published every month to provide useful updates on news within the BIA and beyond, unique offers, and free events.
DUKE Heights BIA between Dufferin & Keele and Steeles & Sheppard. It’s the northernmost business hub of the city of Toronto powering business growth and opportunities for the city and beyond. We promote the potential of the area, provide support to businesses in the area and inject new resources to tap into the potential of the community.