Financing Challenges

Tuesday Ticker: Let’s talk tariffs; U.S. tariffs on Canadian goods paused for 30 days

U.S. President Donald Trump's 25 percent tariffs on goods from Canada will be paused following a late-Monday called between the President and Prime Minister Trudeau. Canadian auto parts suppliers and manufacturers were worried that production may stop by the end of the week, which could have "devastating effects" on the overall supply chain.

CFIB Findings: More than half of small businesses fell short of revenue, profit, sales goals in 2024

The Canadian Federation for Independent Businesses says 52 percent of small and medium enterprises reported falling short of expectations for 2024. Looming U.S. tariffs also pose a threat, notes the organization.

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