Tariff Business Resources
President Trump has proposed a 25% tariff on all Canadian imports, a move that would be damaging not only for the Canadian and provincial economy but also for American workers and the U.S. economy. The B.C. government estimates that under this tariff scenario, B.C. could see a cumulative loss of $69 billion in economic activity between 2025 and 2028. These tariffs would disrupt integrated supply chains, increase costs for consumers, and harm businesses and workers on both sides of the border. The Canadian Chamber of Commerce's Business Data Lab (BDL) estimates that the tariffs would cost Americans approximately $1,300 per person annually.
The Greater Vancouver Board of Trade wants to ensure that B.C. businesses are well-equipped to face these tariffs. On this webpage, you will find a survey to help inform GVBOT's advocacy efforts and links to numerous member resources to help your business navigate these challenges. Bridgitte Anderson, President and CEO of the Greater Vancouver Board of Trade, is also serving as co-chair of the BC Trade and Economic Security Task Force.
Your input, provided through the survey below, will help inform GVBOT's ongoing advocacy efforts with government. .
GVBOT IN ACTION
- Tell us about how these tariffs will impact your business. Fill out the quick survey here.
- Connect directly with our Policy team by emailing advocacy@boardoftrade.com.
- Accelerate your efforts to export to new markets with the help of our World Trade Centre- Vancouver
- Campaign setting a provincial target of 3% annual economic growth and calls on Members of the Legislative Assembly (MLAs) to adopt and take action to achieve the target. The 3% CHALLENGE: Agenda for Economic Growth
- GVBOT Statement- February 1:Trump's tariffs bad for Canadians and Americans
- The Jill Bennett Show - January 23: Trump speaks at the World Economic Forum
- BIV - February 1: B.C. business community responds to Trump tariffs
- CTV News - February 1: B.C. to 'immediately stop buying' liquor from red states over Trump tariffs, premier says
GOVERNMENT RESOURCES
Provincial
- B.C. provides economic assessment of Trump's tariff threat
- New cabinet committee will protect B.C.'s economy from tariff threat
- Premier announces immediate response, vows to defend B.C. against Trump tariffs
Federal
- Prime Minister Justin Trudeau speaks with premiers on the Canada-U.S. relationship and internal trade
- First Ministers' statement on the Canada-United States relationship
- Government of Canada launches weekly briefings with industry stakeholders on Canada-U.S. economic relationship
- Government of Canada announces next steps in its response plan to unjustified U.S. tariffs
- List of products from the United States subject to 25 per cent tariffs effective February 4, 2025
- Canada announces $155B tariff package in response to unjustified U.S. tariffs
- Canada's response to U.S. tariffs on Canadian goods
- Prime Minister Trudeau provides update follwing Feb 3. call with President Trump
BUSINESS RESOURCES
- BENNETT JONES: Duty Calls: Preparing for US and Canadian Tariffs
- BDC: Resources for businesses impacted by potential U.S. tariffs
- BDC The impact of potential tariffs: How to get your business ready
- CANADIAN CHAMBER OF COMMERCE: Canada-U.S. Trade Tracker
- CENTRAL 1: Trade war games: U.S. tariff s, Canada responds
- CFIB: U.S. Tariffs: What They Mean to Your Business
- EDC: FAQs: What Canadian exporters need to know about the impact of potential U.S. tariffs
- EY: Navigating through the uncertainty of potential new tariffs on imports of Canadian products into the United States
- GOWLINGS WLG: Preparing for tariffs: A short guide for Canadian companies
- KPMG: KPMG in Canada supports Canadian businesses navigating U.S. tariffs
- MCMILLAN: Preparing for Potential US Tariffs: Key Dates and Strategic Considerations
- MILLER THOMSON LLP: The US tariffs and Canadian retaliatory measures: What you need to know
- PWC: US Tariff Industry Analysis under incoming Trump administration
- PWC: Tax Insights: Potential US tariffs and Canadian countermeasures ─ How will it affect Canadian businesses?
- RBC: A U.S.-Canada trade shock now in play: first economic takeaways
WEBINARS
- BDO CANADA - January 16: What the next U.S. administration means for Canadian businesses
- FIPRA - February 4: Navigating the U.S. Tariff Threat and Retaliation: A Strategic Approach
- PWC - February 5: Navigating new global tariffs: Impact on Canadian businesses and how to take action
- KPMG - February 5: Trump Tariffs: Urgent Implications for Businesses in British Columbia
- CM&E - February 5: CME Insights: National Policy Webinar – US Trade & Tariffs
- #SmartCohort - February 6: Rapid Response Tariff Tea Forum
If your organization has webinars or resources available for B.C. businesses related to the U.S. tariffs and you would like to include them on this webpage, please email advocacy@boardoftrade.com.