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Opinion: How Alberta’s small businesses can navigate U.S. tariffs
The recent one-month suspension of a 25-per-cent tariff by the United States on most Canadian imports has thrown many Alberta small- and medium-sized enterprises (SMEs) into a state of uncertainty. While the intent behind these tariffs seems to be to not only protect American jobs and industries by taxing goods consumed within the U.S., but also to motivate action on border issues such as illegal migration and the movement of the deadly drug fentanyl, the ripple effects are being felt keenly north of the border.
The recent one-month suspension of a 25-per-cent tariff by the United States on most Canadian imports has thrown many Alberta small- and medium-sized enterprises (SMEs) into a state of uncertainty. While the intent behind these tariffs seems to be to not only protect American jobs and industries by taxing goods consumed within the U.S., but also to motivate action on border issues such as illegal migration and the movement of the deadly drug fentanyl, the ripple effects are being felt keenly north of the border.
Canada’s Economy and its Future Prosperity are in Jeopardy
No thanks to the federal Impact Assessment Act or Bill C-69 – even with a global energy crisis and the world pleading for Canada’s responsibly and sustainably produced natural resources, Canada, according to the Organization for Economic Co-operation and Development (OECD), is on track to have the worst performing economy of the G20 over the next 10 years. Our organizations – the Alberta Enterprise Group and ICBA Alberta – are in the Supreme Court of Canada, supporting the Government of Alberta and almost all other provinces and territories in their fight against the federal government’s Impact Assessment Act.
No thanks to the federal Impact Assessment Act or Bill C-69 – even with a global energy crisis and the world pleading for Canada’s responsibly and sustainably produced natural resources, Canada, according to the Organization for Economic Co-operation and Development (OECD), is on track to have the worst performing economy of the G20 over the next 10 years. Our organizations – the Alberta Enterprise Group and ICBA Alberta – are in the Supreme Court of Canada, supporting the Government of Alberta and almost all other provinces and territories in their fight against the federal government’s Impact Assessment Act.
