As new U.S. trade threats loom, the Canadian Federation of Independent Business (CFIB) is working with the government on a tariff response to protect small and medium-sized enterprises (SMEs). The goal is to ensure that small business voices are heard as Ottawa prepares its economic and diplomatic response to potential new tariffs.
CFIB President Dan Kelly confirmed the organization’s commitment to advocating for entrepreneurs who may be hit hardest by rising cross-border costs.
Small Businesses Worry About Tariff Fallout
Vulnerable Sectors Could Be First Hit
If new tariffs are imposed, manufacturing, agriculture, and retail businesses may see higher prices and disrupted supply chains. Many small firms have fewer resources to absorb sudden cost increases, which could impact both margins and jobs.
Need for Quick, Targeted Relief
The CFIB is urging the federal government to be ready with financial support, tax flexibility, and regulatory relief if tariffs go into effect. Their goal is to minimize the damage to locally owned businesses already dealing with high interest rates and inflation.
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CFIB Calls for Direct Consultation With Government
Kelly said the CFIB is pushing for regular consultation with federal officials, ensuring that small business concerns are included in the national trade strategy. The group wants a plan that protects domestic entrepreneurs without escalating the situation.
Conclusion: Advocacy in a Time of Uncertainty
As the CFIB works with the government on a tariff response, small businesses can expect their interests to be represented at the highest level. With the right support, SMEs could weather the storm and remain competitive—even as trade tensions rise again.
