Business Supports & Resources

USA Tariffs

On February 1, 2025, the United States (USA) announced that it is imposing a 25% tariff on imported Canadian goods, and a 10% tariff on energy imports from Canada, which takes effect on February 4, 2025*.

In response, the Government of Canada announced a comprehensive response plan against the U.S. tariffs imposed on Canadian goods while supporting Canada's interests, industries, and workers. 

Facing U.S. tariffs? Explore the available business supports and resources below. This page will be updated as information becomes available.

*On February 3, 2025, Canada and the United States agreed to delay tariffs for at least 30 days - Government of Canada

Latest News & Updates

Support for Canadian businesses

Economic support programs are available to help businesses and workers directly impacted by U.S. tariffs. Some of the supports that are already available include:

  • Trade Commissioner Service
    The Trade Commissioner Service helps Canadian businesses grow with confidence by connecting them with its funding and support programs, international opportunities, and network of trade commissioners in over 160 cities worldwide.

  • Business Development Bank of Canada
    Business Development Bank of Canada (BDC) provides financing solutions and advice to small and medium-sized businesses in all industries and at every stage of growth.

  • Export Development Canada
    Export Development Canada (EDC) helps Canadian companies of all sizes succeed in global markets with trade knowledge, financial solutions, insurance, equity and connections.

  • Farm Credit Canada
    Farm Credit Canada (FCC) is a dedicated lender for the agriculture and agri-food sectors and provides a range of financial products and services to support Canadian farmers and businesses related to farming.

  • Canada Small Business Financing Program
    The Canada Small Business Financing Program (CSBFP) makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.

  • Employment and Social Development Canada
    The Work-Sharing Program helps employers and employees avoid layoffs, when there is a temporary decrease in the normal level of business activity that is beyond the control of the employer.

The Canadian government is also establishing a remission process to consider requests for exceptional relief from the tariffs imposed as part of Canada's immediate response and any future tariff actions.

Source: Global Affairs Canada, Trade Commissioner Service

Market Diversification Support

To help Canadian exporters navigate these changes, the Trade Commissioner Service (TCS) provides information on how to get access to funding and tailored support programs to help you diversify your exports, including:

  • Spotlight on Trade Diversification
    Offers insights and resources to help Canadian businesses explore new export markets and diversify their trade activities.

  • Trade Diversification
    Access reports and trends analyzing progress towards this objective.

  • Canada’s Indo-Pacific Strategy
    Information about Canada’s Indo-Pacific Strategy.

  • CanExport Funding
    Funding opportunities to explore new business opportunities abroad, connect with international research and development (R&D) partners and attract foreign investment. CanExport programs have various opening periods.

Source: Global Affairs Canada, Trade Commissioner Service

Other Resources

Coming soon

Development Commissioner

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