Tariff Resources

As trade tensions continue to unfold, Canadian small businesses — particularly those in retail, manufacturing, and steel — will face new challenges. The United States has imposed tariffs on a range of Canadian exports, while Canada has introduced counter-tariffs on select U.S. goods in response. These measures are driving up costs, disrupting supply chains, and putting pressure on local businesses.

To help Sault Ste. Marie’s business community navigate these changes, we've compiled a comprehensive set of resources, strategies, and support programs. Whether you're adjusting pricing, exploring alternative suppliers, or seeking financial relief, this page is designed to provide you with the tools you need to adapt and thrive. For up to date information from the Government of Canada, click here.

Please be mindful that things are changing rapidly and frequently. We will make our best effort to update accordingly.

Canada’s Counter-Tariffs

Effective February 4, 2025, Canada imposed a 25% tariff on a broad range of U.S. products in response to U.S. trade actions. The affected items span various categories, including:

• Agricultural Products: Live poultry (e.g., chickens, turkeys); Meat and edible offal from poultry; Dairy products such as milk, cream, butter, cheese, and curd; Eggs and natural honey; Fresh or chilled tomatoes
• Food and Beverages: Orange juice; Peanut butter; Wine
• Consumer Goods: Clothing and apparel; Footwear; Motorcycles
• Industrial Products: Pulp and paper products; Articles of iron and steel

This list is part of Canada's countermeasures and will remain in effect until the U.S. removes its tariffs against Canada. For a comprehensive and detailed list of the products affected, please refer to the official announcement. For the full list, click here.

Economic Impacts of Proposed Tariffs

The Bank of Canada's report outlines the potential economic impacts of proposed U.S. tariffs on Canadian industries. It highlights risks to trade sectors like manufacturing and steel, emphasizing how tariffs could reduce export demand and disrupt supply chains. The report also discusses potential economic slowdowns and inflationary pressures, urging businesses to prepare for uncertainties. To view the full report, click here.

Supporting Canadian Exporters Through U.S. Tariff Challenges

If your business exports to the United States, the Trade Commissioner Service (TCS) is actively assisting Canadian businesses affected by recent U.S. tariffs. On February 1, 2025, the U.S. announced tariffs of 10% on Canadian energy imports and 25% on other Canadian goods, effective February 4. After bilateral discussions, these tariffs were postponed until March 4, when they were implemented as planned.

TCS Support Services

• Assessment: Evaluating how your business is impacted by the tariffs.
• Market Diversification: Identifying and accessing new international markets.
• Networking: Connecting businesses with relevant contacts to address challenges.
• Partnerships: Facilitating relationships with potential partners and exploring new opportunities.

Resources Available

• Self-Help Tools: Access to frequently asked questions and problem-solving resources related to U.S. tariffs.
• Export Diversification: Guidance on expanding exports to alternative markets, including funding and tailored support programs.
• Partner Support: Collaboration with organizations to provide additional resources and programs for global expansion.

For detailed information and assistance, visit the TCS webpage.

Resources for Canadian Business Owners

Innovation, Science and Economic Development Canada
The Government of Canada is committed to protecting Canadian interests. The GC Business Insights Newsletter reviews understanding and preparing for tariffs, global markets and diversification, and exporting to the U.S.

Business Development Canada (BDC)
BDC is committed to supporting Canadian businesses through this period of uncertainty. Explore the range of resources related to the international trade situation to help build your company’s resiliency.

Tariff Playbook – World Trade Centre Toronto
This playbook provides practical, low-cost strategies for Canadian small and medium-sized enterprises to adapt to U.S.-imposed tariffs and maintain financial stability.

Canada Tariff Finder
The Canada Tariff Finder enables Canadian businesses to check import or export tariffs for specific goods and markets, with a focus on countries with which Canada has a Free Trade Agreement.

Local Support & Resources

Millworks Centre for Entrepreneurship
Millworks is committed to supporting new and existing small businesses in the Algoma region through access to tools, education, capital, and networking opportunities. Millworks staff focuses on business planning, cashflow projections, and other business related topics as needed.

Sault Ste. Marie Chamber of Commerce
In addition to the business resources and support provided by the Sault Ste. Marie Chamber of Commerce, explore the #SSMLoveLocal business profiles to learn what it means to Sault Ste. Marie businesses when you choose to shop at, dine at, and support local.

Sault Ste. Marie Innovation Centre
The Sault Ste. Marie Innovation Centre has experts in business development, agriculture, IT, science and technology. Their team is dedicated to driving business growth, facilitating research, and commercializing innovations in science and technology.

Community Development Corporation of Sault Ste. Marie & Area
The Community Development Corporation is dedicated to helping small and medium–sized businesses access counselling and advisory services, access to capital, and enhancing the community’s economic and employment base.

Sault Downtown Association
Downtown Sault Ste. Marie offers a vibrant mix of dining, shopping, culture, and entertainment. The Sault Downtown Association encourages our community to embrace a local-first mindset and recognize the importance of supporting Main Street businesses that serve as the economic and cultural heartbeat of our city.