Supporting Our Business Community

The U.S. will be issuing 25% tariffs to Canada this Saturday. We understand the uncertainty this may cause and want to assure you that BWG is actively monitoring the situation. We are working closely with our federal, provincial, and local partners to ensure our business community’s concerns are heard.

Updates

As of March 27, 2025, the United States has imposed the following tariffs on Canadian imports:​

• General Goods: A 25% tariff applies to all Canadian imports, excluding energy products.

• Energy Products: A 10% tariff is imposed on Canadian energy exports, including oil, natural gas, and electricity. ​

• Automobiles and Auto Parts: An additional 25% tariff on Canadian auto imports is set to take effect on April 2, 2025. ​

These measures have prompted Canada to implement retaliatory tariffs on $30 billion worth of U.S. goods, effective March 4, 2025. ​

It’s important to note that trade policies can change rapidly. For the most current information, please consult official government sources or trusted news outlets.​

We recognize the significant impact these tariffs may have on our local economy. BWG is actively engaged in monitoring these developments and advocating on behalf of our business community. We continue to collaborate closely with federal, provincial, and local partners to address your concerns, provide timely updates, and support businesses affected by these trade measures.

Advocacy on Your Behalf

• Ongoing Communications: BWG is in communication with Federal and Provincial representatives, as well as local government bodies, to gather information and advocate for the needs of BWG businesses.
• Keeping You Informed: We aim to keep you updated on any developments and encourage you to share your concerns so we can best represent you in discussions at all government levels.
• Complete Our Survey on potential tariff impacts. Your feedback will guide our discussions with government and help us refine our support strategies. Complete the survey here: https://forms.office.com/r/FnQL8Ra5Xn

Resources

• Canadian Chamber of Commerce – Which Canadian Cities Are Most Exposed to Trump’s Tariffs? – Business Data Lab
  
• Federal Government of Canada –
  • Canada announces robust tariff package in response to unjustified U.S. tariffs – Canada.ca
  • Updates on trade policy, tariff regulations, and potential relief programs:
    https://www.canada.ca/en/services/business/trade.html
  • Government of Canada announces next steps in its response plan to unjustified U.S. tariffs – Canada.ca
  • List of products from the United States subject to 25 per cent tariffs effective February 4, 2025 – Canada.ca
• Provincial Government (Ontario) – Information on provincial support for exporters/importers and trade relationships:
  Building Fortress Am-Can: Ontario’s Am-Can growth plan | ontario.ca
• Simcoe County – Tariff Resources for Simcoe County Businesses – Simcoe County EDO
• Nottawasaga Futures – Local business support and funding opportunities:
  https://nottawasaga.com
• Association of Municipalities of Ontario (AMO) – Advocacy group representing Ontario municipalities on policy matters:
  https://www.amo.on.ca
• Excellence in Manufacturing Consortium (EMC) – Manufacturing-focused information and resources on trade issues:
  https://www.emccanada.org
• Invest Ontario – Information about trade and investment support programs:
  https://www.investontario.ca
• Business Development Bank of Canada – Resources for businesses about potential tariff impacts: Resources for Canadian businesses facing potential U.S. tariffs | BDC.ca
• Bank of Canada – Evaluating the potential impacts of US tariffs – Bank of Canada

Together, we can ensure BWG businesses remain competitive and informed. If you have any questions, please contact the Economic Development team at ecdev@townofbwg.com.