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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.
The good, the bad & the ugly of 2024.
At the end of each year, I try to encapsulate what I consider the three components of the past year into what was ‘good, bad and ugly’ for Canadians that year. This year I am having difficulty finding what was ‘good’ but have many ‘bad’ and ‘ugly’ categories. I find very little change in people’s actions regardless of a rapid falling of ‘feeling good things are on the near horizon for Canada’.
At the end of each year, I try to encapsulate what I consider the three components of the past year into what was ‘good, bad and ugly’ for Canadians that year. This year I am having difficulty finding what was ‘good’ but have many ‘bad’ and ‘ugly’ categories. I find very little change in people’s actions regardless of a rapid falling of ‘feeling good things are on the near horizon for Canada’.
