The pause button has been hit on a 25 per cent tariff on all Canadian goods that was due to come into effect on Tuesday .
myFM spoke with Julie Kwiecinski, the Canadian Federation of Independent Business’ Ontario Director of Provincial Affairs, who said if the government wants to help level the playing field should the tariffs come into play again, look internally.
Another way to help out Canadian businesses during a potential “trade war” is to make life easier, not harder – aka cut the red tape.
Locally, Paul Jenkins, CEO of the St. Thomas & District Chamber of Commerce, is concerned about the direct impact on residents.
As the voice of our local business community, Jenkins has been fielding a number of questions from members since Donald Trump first announced his plans for the tariffs. Stressing that they’re here to support their members through whatever could be coming down the pipe.
Adding that this could be an opportunity to fix what’s broken right here in our own country.
Canada is not just sitting back however, as Ottawa is prepared to implement – if needed – its own 25% tariff on hundreds of U.S. products, ranging from meat and milk to carpets and curtains.
Written by: Matt Leblanc and Kennedy Freeman
