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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.
Alberta’s Potential for a Comprehensive Foreign Trade Zone
Alberta, with its wealth of natural resources, skilled workforce and strategic position within North America, is ripe for the establishment of a comprehensive Foreign Trade Zone (FTZ) that goes beyond logistics to encompass manufacturing, job creation and economic development.
Alberta, with its wealth of natural resources, skilled workforce and strategic position within North America, is ripe for the establishment of a comprehensive Foreign Trade Zone (FTZ) that goes beyond logistics to encompass manufacturing, job creation and economic development.
