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Trade and Tariff Support

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    Trade and Tariff Support

    Timmins Economic Development is committed to assisting local businesses in navigating changing trade and tariff dynamics. To help adapt to these changes, we’ve compiled a comprehensive list of resources, strategies, and support programs.

    As trade tensions continue to unfold, Canadian businesses – particularly those in automotive, energy, retail, manufacturing, and steel – will face new challenges. The United States (U.S.) has imposed tariffs on a range of Canadian exports, while Canada has responded by introducing counter-tariffs on select U.S. goods. These measures are increasing costs, disrupting supply chains, and applying pressure on local businesses.

    Need Assistance?

    Please do not hesitate to contact Timmins Economic Development if you have any questions or need assistance with your business’s needs.

    U.S. Tariffs

    The following is a high-level overview of the U.S. tariffs imposed on Canada:

    • On March 4, 2025, the U.S. imposed tariffs of 25% on Canadian goods and 10% on energy exports from Canada imported into the U.S.
    • On March 12, 2025, the U.S. imposed tariffs of 25% on Canadian steel and aluminum products.
    • On April 2, 2025, the U.S. imposed 25% tariffs on global auto imports.
    • On April 2, 2025, the U.S. made the decision to keep existing tariffs on Canadian steel and aluminum, as well as maintain tariffs against Canadian goods that aren’t compliant with the existing Canada United States Mexico Agreement (CUSMA). Under this order, non-compliant goods were hit with 25% tariffs and non-compliant energy and potash with 10% tariffs
    • On April 10, 2025, the U.S. announced a 90-day pause on their global reciprocal tariffs – with no new changes to tariffs on Canadian goods.
    • On April 29, 2025, the U.S. President signed a pair of executive orders to soften the impacts of auto tariffs. These executive orders provide a mix of credits for automakers for up to 15% of the value of vehicles assembled in the U.S.
    • On May 5, 2025, the U.S. President announced a 100% tariff on movies produced outside of the U.S.
      • Specifically, the President authorized certain agencies (I.e., Department of Commerce) to immediately begin the process of imposing a 100% tariff on all films produced abroad that are sent into the U.S.
    • On June 4, 2025 the U.S. officially raised tariffs on aluminum and steel to 50%.
    • On July 11, 2025 the U.S. President increased the previously set 25% tariff to 35%.
    • On July 25, 2025 the U.S. Department of Commerce raised anti-dumping duties on Canadian softwood lumber to 20.56%.
    • On July 31, 2025 the U.S. President signed an executive order increasing tariffs on Canadian goods not covered by the CUSMA to 35% (from the previous 25%).
    Canada’s Counter-Tariffs

    For up-to-date information on the Government of Canada’s plan and response to U.S. tariffs, including support for Canadian businesses and workers, click here.

    • On February 4, 2025, Canada imposed a 25% tariff on a broad range of U.S. products in response to U.S. trade actions. These countermeasures will remain in effect until the U.S. removes its tariffs against Canada.
    • On April 3, 2025, Canada announced that it is launching 25% tariffs on all vehicles imported from the U.S. that are not compliant with CUSMA. Additionally, previously imposed tariffs and countermeasures are to remain in place.

    The affected items span various categories including:

      • Agricultural Products: Live poultry (e.g., chickens, turkeys); Meat and edible offal from poultry; Dairy products such as milk, cream, butter, cheese, and curd; Eggs and natural honey; Fresh or chilled tomatoes
      • Food and Beverages: Orange juice; Peanut butter; Wine
      • Consumer Goods: Clothing and apparel; Footwear; Motorcycles
      • Industrial Products: Pulp and paper products; Articles of iron and steel

    For a comprehensive and detailed list of the products affected, click here.

    • On April 15, 2025, Canada announced new measures for Canadian businesses and entities affected by the tariff dispute between Canada and the United States. The measures include:
      • Performance-based remission framework for automakers designed to incentivize continued production and investment in Canada.
        • It will enable automakers that continue to manufacture vehicles in Canada to import a certain number of U.S.-assembled, CUSMA-compliant vehicles into Canada, free of the countermeasure tariffs that Canada has imposed.
      • Temporary 6-month relief for goods imported from the U.S. that are used in Canadian manufacturing, processing and food and beverage packaging, and for those used to support public health, health care, public safety, and national security objectives.
      • Previously announced Large Enterprise Tariff Loan Facility (LETL) is now accepting applicants (see below under “Resources and Tools for Canadian Business Owners”).
    • On July 16, 2025, Canada announced that it would impose higher tariffs on steel originating from China in order to prevent steel dumping amid the ongoing global trade war. This includes additional tariffs of 25% on steel imports from all non-U.S. countries containing steel melted and poured in China before the end of July. Moreover, Canada will tighten the tariff rate quota levels for steel products from non-FTA countries from 100% to 50% of 2024 volumes. Above those levels, a 50% tariff will apply. Note: there are no immediate changes to the U.S. counter tariffs.
    • On August 22, 2025, Canada announced that it will remove all tariffs on goods from the United States that are covered by the CUSMA by September 1, 2025. The Prime Minister said that Canada will maintain its tariffs on steel, aluminum and autos while the country works with the U.S. to craft a new trading relationship between the two companies.
    Trade Commissioner Service (TCS) Canadian Exporter Support

    If your business exports to the U.S., the TCS is actively assisting Canadian businesses affected by U.S. tariffs.

    TCS Support Services:
    • Assessment: Evaluating how your business is impacted by the tariffs.
    • Market Diversification: Identifying and accessing new international markets.
    • Networking: Connecting businesses with relevant contacts to address challenges.
    • Partnerships: Facilitating relationships with potential partners and exploring new opportunities.
    Resources Available:
    • Self-Help Tools: Access to frequently asked questions and problem-solving resources related to U.S. tariffs.
    • Export Diversification: Guidance on expanding exports to alternative markets, including funding and tailored support programs.
    • Partner Support: Collaboration with organizations to provide additional resources and programs for global expansion.

    For detailed information on services and resources available, click here.

    Resources and Tools for Canadian Business Owners

    The following is a list of resources and tools to help Canadian Business Owners navigate changing trade dynamics.

    Interactive tool that assists entrepreneurs, businesses, and not-for-profit’s in identifying tailored lists of programs and services from across Canada – including tariff relief measures and support.

    Click here for more information.

    The Bank of Canada released a report evaluating and outlining the potential economic impacts of the proposed U.S. tariffs on Canadian industries. It highlights risks to trade sectors such as manufacturing and steal, emphasizing how supply chains could be disrupted in addition to how tariffs could reduce export demand. Potential economic slowdowns and inflationary pressures are also noted, urging businesses to prepare for uncertainties.

    Click here for more information.

    BDC is committed to supporting Canadian businesses through this period of uncertainty. Explore the range of resources related to the international trade situation to help build your company’s resiliency.

    Click here for more information.

    The Canada Tariff Finder enables Canadian businesses to check import or export tariffs for specific goods and markets, with a focus on countries with which Canada has a Free Trade Agreement.

    Click here for more information.

    This tool helps Canadian Businesses examine Canada’s economic integration with the U.S. and the risks of tariffs. 

    Click here for more information. 

    This playbook provides practical, low-cost strategies for Canadian small and medium-sized enterprises to adapt to U.S.-imposed tariffs and maintain financial stability.

    Click here for more information.

    The Government of Canada has numerous free trade agreements, plurilateral agreements, foreign investment and promotion and protection agreements, and World Trade Agreements with various countries. Explore and review these agreements.

    Click here for more information. 

    The Government of Canada is committed to protecting Canadian interests. The GC Business Insights Newsletter reviews understanding and preparing for tariffs, global markets and diversification, and exporting to the U.S.

    Click here for more information. 

    The Government of Ontario operates a network of offices worldwide to promote investment attraction to the province and promote exports from Ontario. Connect with a Trade and Investment office for market entry support. 

    Click here for more information. 

    FedDev Ontario lists the steps that Canadian businesses in Ontario can take to export their goods and services to other countries.

    Click here for more information. 

    EDC provides insights and analysis on navigating the uncertain environment of Canada’s largest export market.

    Click here for more information.

    Funding Programs

    The following is a list of targeted funding programs that support certain businesses and industries impacted by changing trade dynamics. 

    Aims to support tariff impacted small and medium-sized enterprises and sectors to boost productivity, catalyze growth, and diversify markets, through projects that can be executed successfully within the timeframe of March 21, 2025 and March 31, 2028. RTRI supports incorporated small and medium-sized enterprises (SMEs) – including Indigenous businesses – that meet specified eligibility criteria. Support is available in the form of a non-repayable contribution (reimbursement) of up to 50% of eligible costs to a maximum of $1 million, and a repayable contribution of up to 75% of eligible costs over $1 million towards eligible project activities.

    Click here for more information.

    The process for applying to request remission of tariffs for certain goods from the U.S.

    Click here for more information.

    This program helps employers and employees avoid layoffs through income supports for employees eligible for Employment Insurance benefits.

    Click here for more information.

    This program offers financial support for agribusinesses impacted by trade disruptions, offering flexible loan options to help manage cash flow and market challenges.

    Click here for more information.

    This program will help facilitate an additional $5 billion over two years in support for eligible companies across a range of products to navigate economic challenges.

    Click here for more information.

    This program can help Canadian companies compete in export markets by removing the domestic duty impact from their commercial goods.

    Click here for more information.

    This memorandum outlines the program designed to refund duties on defective or damaged goods, quantity shortages, overpayments, documentation errors, etc.

    Click here for more information. 

    Provides financing support for large Canadian enterprises affected by actual and potential new tariffs and countermeasures and which face challenges accessing traditional sources of market financing.

    Click here for more information. 

    This program is designed to provide critical support for businesses that are facing significant tariff-related disruptions as a result of s.232 tariffs on steel, aluminum, and autos. This fund will provide immediate relief for Ontario businesses that are facing s.232 tariff-related working capital challenges such as: payroll, lease payments, utility payments. A minimum of $250,000 in funding as a term loan will be accessible to eligible for-profit businesses that meet the Ontario government’s noted criteria.  

    Click here for more information. 

    Local Support and Resources

    The following is a list of local organizations that can provide certain supports and resources to help navigate changing trade dynamics.

    The Business Enterprise Centre helps entrepreneurs and SME’s (small-and-medium-sized enterprises) throughout all stages of the business life-cycle.

    Click here for more information.

    The Chamber advocates on policy issues that impact local businesses at all levels of government and provide a variety of business services. The Chamber has also compiled resources related to U.S. tariffs.

    Click here for more information.

    The Venture Centre is a community futures development corporation that offers community development services, business development services and support, and funding programs. 

    Click here for more information.

    The Downtown Timmins Business Improvement Area (BIA) helps BIA members overcome their challenges and achieve their business goals through innovative solutions and dedicated support.

    Click here for more information.

    Contact us for further assistance

    Brenda Camirand, PMP, EcD

    Director of Economic Development

    Tel: 1-705-360-2600 x7080
    Toll Free: 1-877-470-8332
    brenda.camirand@timmins.ca

    Louise Straatman

    Business Development Specialist

    Tel: 705-360-2600 x7075
    Toll Free: 1-877-470-8832
    louise.straatman@timmins.ca

    Jeremy Elomaa, BBA (Hon), EcD

    Business Development Specialist

    Tel: 705-360-2600 x7085
    Toll Free: 1-877-470-8332
    jeremy.elomaa@timmins.ca

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