In light of current global events, the Toronto Downtown West BIA is committed to supporting and celebrating Canadian-owned businesses and locally made products. We recognize the importance of fostering a strong, resilient community that highlights the incredible talent and craftsmanship within our country. As part of this initiative, we will be curating and promoting events that showcase Canadian businesses and products, creating opportunities for members to connect, collaborate, and thrive. Stay tuned for more details on upcoming events and initiatives designed to spotlight homegrown innovation and excellence. If your business’s events align with these initiatives, if you have any thoughts, or if you’re interested in getting involved, please contact Hayley James.
Please see below for a list of resources to help navigate U.S. Tariffs:
- Responding to United States Economic Policy: The City of Toronto is actively engaging with federal and provincial governments, to effectively respond to the proposed 25 per cent universal tariffs on all U.S. imports from Canada by the United States government. Learn more.
- Take the Tariff Impact Survey: The City of Toronto is gathering input from local businesses to better understand the impacts of the United States tariffs. Your responses to this quick, five-minute survey will help shape advocacy efforts and inform the creation of support programs for businesses impacted by these tariffs. Take the survey today.
- Support for Canadian Businesses that export to the U.S.: Many business owners who export to the United States are concerned about the impact of tariffs. To help navigate this context, BDC (Business Development Bank of Canada) has prepared useful resources and tools to support your business. Learn more.
- Prepare your business for U.S. export tariff changes with this essential checklist: Ensure your business is ready for potential tariff changes with EDC’s helpful checklist. This guide covers strategies to manage risks in supply chains, contracts and trade credit, along with tips on mitigating foreign exchange volatility. Learn more.
- Explore and promote Ontario-made products: Discover and promote locally made products. This portal connects manufacturers, retailers and consumers with high-quality Ontario-made goods. Learn more.
- Discover import and export tariffs: Check import and export tariffs with Canada’s Free Trade Agreement partners. Start searching.
- Work-Sharing Program – support for employers and employees: Avoid layoffs during downturns. This program helps employers and employees manage temporary business slowdowns with financial support. See if you qualify.
- Tariff-proofing your pricing and profitability: Learn how to safeguard your pricing strategy and maintain profitability in this insightful webinar hosted March 6th by the Toronto Region Board of Trade. Register today.