Changes to U.S. tariffs continue to create uncertainty for many Canadian businesses, particularly small and medium-sized enterprises (SMEs). From increased costs on steel, aluminum, and other imported goods to shifting supply chains and pricing pressures, many business owners are looking for practical ways to adapt.
To help businesses navigate these challenges, the Ontario Chamber of Commerce has developed a collection of resources, expert guidance, and practical tools designed specifically for Canadian SMEs.
Among the available resources are the “Weathering the Storm” Tariff Playbooks, which provide actionable strategies to help businesses respond to changing market conditions.
Topics include:
- Protecting cash flow during periods of uncertainty
- Managing supplier relationships and controlling costs
- Optimizing payment terms
- Communicating effectively with customers
- Diversifying markets and reducing risk
- Adapting business models
- Accessing available government support programs
Whether your business imports products, manufactures goods, or is simply affected by rising costs throughout the supply chain, staying informed can help you make more confident business decisions.
At Norbram, we’re committed to helping businesses access valuable resources that support long-term growth and resilience. If your organization is reviewing employee benefits, business insurance, or risk management strategies during these changing economic conditions, our team is here to help.
Categories: Business Resources, Ontario Business, Small Business, Risk Management
Related Resource: CUSMA Compliance Series – Avoiding the U.S. Tariff Trap
Understanding tariffs is only part of the equation. Canadian businesses that export to the United States should also ensure they’re fully compliant with the Canada-United States-Mexico Agreement (CUSMA).
The Ontario Chamber of Commerce’s CUSMA Compliance Series: Avoiding the U.S. Tariff Trap helps businesses understand how to:
- Determine whether their products qualify under CUSMA
- Properly certify goods for cross-border trade
- Avoid unnecessary tariffs and penalties
- Protect profit margins and remain competitive in the U.S. market
- Access compliance toolkits and expert guidance
With tariffs of up to 35% on non-compliant goods, understanding CUSMA requirements can make a significant difference to your business. The program includes webinars, in-person learning opportunities, and practical compliance resources designed specifically for Ontario exporters.
Related Resource: CUSMA Compliance Series: Avoiding the U.S. Tariff Trap
