In this episode of the CanadianSME Small Business Podcast, Hosted by SK we are joined by Canada’s Minister of Small Business, the Honorable Rechie Valdez, to discuss the potential impact of U.S. President Donald Trump’s proposed 25% tariff on Canadian goods. With small businesses playing a vital role in Canada’s economy, these proposed tariffs could significantly disrupt supply chains, increase costs, and create economic uncertainty.
Minister Valdez shares key insights into:
- Canada’s counter-tariff strategy, including proposed measures on $155 billion worth of U.S. goods.
- Government initiatives to protect Canadian businesses and safeguard jobs amid trade disputes.
- The role of local support and consumer choices in strengthening Canada’s economy.
- How small businesses can adapt to global trade challenges and navigate market uncertainty.
Key Highlights:
- Canada’s Counter-Tariff Strategy – The government’s response, including proposed retaliatory tariffs on U.S. goods.
- Protecting SMEs and Jobs – The initiatives Canada is implementing to support small businesses during trade tensions.
- Supporting Local Businesses – How Canadian consumers can play a role in strengthening the economy.
- Adapting to Trade Challenges – Strategies for small businesses to manage rising costs and supply chain disruptions.
- Call to Action for Entrepreneurs – Steps businesses can take to stay informed, resilient, and future-proof their operations.
Special Thanks to Our Partners:
- RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.html
- UPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWA
- IHG Hotels and Resorts: https://businessedge.ihg.com/s/registration?language=en_US&CanSME
- Google: https://www.google.ca/
For more expert insights, visit www.canadiansme.ca and subscribe to the CanadianSME Small Business Magazine. Stay innovative, stay informed, and thrive in the digital age!
Disclaimer: The information shared in this podcast is for general informational purposes only and should not be considered as direct financial or business advice. Always consult with a qualified professional for advice specific to your situation