Business Supports & Resources

USA Tariffs

On March 4, 2025, U.S. tariffs of 25 per cent on Canadian goods, and 10 per cent on energy exports from Canada imported into the U.S. from Canada, came into effect. The U.S. has also announced that it may impose additional 25 per cent tariffs on certain industries, including steel, aluminium and autos on March 12. (Source: Canada’s response to U.S. tariffs - Canada.ca)

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

This is an evolving situation, and both governments continue discussions to seek a resolution. The Government of Canada is monitoring developments and will provide updates as more information becomes available.

Concerned your business is too reliant on one single market?  Explore the business supports and resources below to get started on your trade diversification path. This page will be updated as information becomes available.

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:

  • Business Benefits Finder
    The Business Benefits Finder is a tool provided by the Government of Canada to find programs and services to help your business grow.

  • 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 outlining a framework and process for how it will consider remission requests for the tariffs on products from the United States (U.S.) that apply beginning on March 4, 2025.

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

 

Development Commissioner

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