Canada's Small Businesses Bracing for Tariff Fallout
Canada's small businesses are bracing themselves for potential economic fallout from ongoing trade tensions between Canada and the US, according to Ryan Mallough, Vice President of Legislative Affairs at the Canadian Federation of Independent Business (CFIB).
A delay in Trump's latest tariffs has yet to be resolved, leaving many small business owners uncertain about their future. The CFIB has been monitoring the situation closely, with Mallough stating that 'the ripple effects from these tariffs could sour the Canadian economy.'
The uncertainty surrounding trade deals between Canada and the US is causing concern among small business owners, who rely heavily on exports to the US market.