Barrie Chamber: Statement on Canada’s Economic Strength and U.S. Trade Tariffs

The Barrie Chamber of Commerce acknowledges the recent 30-day delay in the implementation of the proposed 25% U.S. tariffs on Canadian products. While this delay provides a short window for further negotiations, uncertainty remains. If these tariffs take effect, they will pose significant challenges for businesses, workers, and families in Barrie and across the country.

While Canada’s response with retaliatory tariffs is understandable, trade disruptions affect everyone. It is critical that Canada prepares for all possible outcomes and takes proactive steps to support businesses, protect jobs, and strengthen economic resilience.

What Needs to Happen Before and If the Tariffs Take Effect

In partnership with the Ontario Chamber of Commerce and the Canadian Chamber of Commerce, we urge government leaders to act swiftly in these key areas:

• Leverage the Delay to Negotiate a Better Outcome:
  This 30-day window must be used effectively to work toward solutions that minimize harm to Canadian businesses. Ongoing diplomatic efforts should focus on securing exemptions, mitigating economic damage, and preventing long-term trade barriers.
• Prepare for Economic Impact by Strengthening Internal Trade:
  If tariffs proceed, Canada must immediately remove outdated interprovincial trade barriers. A stronger internal market will help businesses adapt and reduce dependence on foreign supply chains.
• Expand and Diversify Trade Beyond the U.S.:
  While the U.S. remains our largest trading partner, we must continue to accelerate trade partnerships with other markets to reduce vulnerability to future protectionist policies.
• Support Local Businesses and Manufacturing:
  Governments at all levels must be ready to implement policies that encourage domestic production, strengthen supply chains, and help businesses adjust to potential cost increases.