Tariffs and trade tensions dominate headlines in Canada, the U.S., and globally, leaving small businesses to adapt to rising costs, uncertain demand, and shifting supply chains. Today’s roundup highlights the resilience—and pressure—facing entrepreneurs in a turbulent 2025.
Canada launches a new tech grant for small businesses as global trade wars and supply chain woes continue. Today’s 5 @ 5 spotlights crucial news impacting small business resilience.
Canada launches a new tech grant for small businesses as global trade wars and supply chain woes continue. Today’s 5 @ 5 spotlights crucial news impacting small business resilience.
Tariffs and trade tensions dominate headlines in Canada, the U.S., and globally, leaving small businesses to adapt to rising costs, uncertain demand, and shifting supply chains. Today’s roundup highlights the resilience—and pressure—facing entrepreneurs in a turbulent 2025.
Canadian exporters of low-value goods to the U.S. face new uncertainty as changes to the American de minimis exemption threaten to raise costs and reduce cross-border competitiveness.
Tariffs, or taxes imposed on imported goods, can have a significant impact on small to medium-sized businesses (SMBs) by raising production costs and disrupting supply chains.
There are two main types of tariffs: ad valorem and specific tariffs. Ad valorem tariffs are calculated as a percentage of the item's value (e.g., a 10% tax on the import price).