Tariff Support

Background Information

Ongoing trade tensions between Canada and the United States have resulted in a series of tariffs affecting cross-border business. Most recently, the Government of Canada implemented a six-month relief from tariffs on certain goods imported from the U.S. 

Businesses can request a tariff remission if:

  • The goods are essential inputs that cannot be sourced domestically or reasonably from non-U.S. suppliers, or
  • There are exceptional circumstances where tariffs would cause significant economic impact.​

See a complete list of U.S. products subject to counter tariffs.

The City of Peterborough Economic Development team collaborates with all levels of government and industry organizations to help businesses navigate these changes. The City's Economic Development team assists businesses with exploring strategies for maintaining resilience by connecting businesses with resources to mitigate tariff impacts, explore trade agreements, and identify new global opportunities. If you’re looking to expand beyond Canada or adapt to these new tariffs, reach out to learn how the tools below can support your export journey. If you have any questions, please contact us.

Information and Support for Businesses

The Local Tariff Toolkit is the result of a collaborative effort between dedicated partners who recognized the growing need for clear, accessible trade resources right here in Peterborough. Developed through the shared expertise of local economic development teams and trade experts, this toolkit was designed to support businesses navigating the complexities of tariffs and global trade. With rising interest from local entrepreneurs and manufacturers in expanding to international markets, this resource equips businesses with the knowledge and tools they need to grow confidently beyond our borders.

The Startup Canada Tariff Toolkit is designed to aid entrepreneurs and support organizations in navigating the complexities of tariffs, and their impact on Canadian businesses. It provides a comprehensive overview of national and regional support organizations, tariff regulations, how they affect supply chains and pricing, strategies for mitigating risks, and further international expansion. This resource guide is being updated frequently and in real time.

Export Development Canada (EDC) helps Canadian businesses grow internationally with financing, insurance and trade expertise. Their tools and insights reduce risk and open doors to new markets. Learn more at EDC’s website.

For businesses seeking new markets, the Canadian Trade Commissioner Service provides support in over 160 locations worldwide. With 15 ratified Free Trade Agreements (FTAs) covering 49 countries, Canadian businesses can access 1.5 billion consumers.

Explore Canadian supply chain options through Canada’s business directories.

CanExport SMEs program helps businesses expand into new international markets with funding for market research, marketing, and business development. Applications open soon.

If your business imports these products, please let us know the quantities you are bringing in. We will work with Global Affairs Canada, provincial and federal agencies, and trade representatives to help you explore alternative sourcing options.

Resources for Businesses Facing Trade Uncertainty

The Canada Tariff Finder helps businesses check import and export tariffs for specific goods and markets, particularly in countries with which Canada has a Free Trade Agreement (FTA).

This tool provides:

  • General tariff rates applicable to all nations
  • Preferential rates under FTAs, including phase-out periods
  • Side-by-side tariff comparisons for up to three countries or products

The Canada Tariff Finder is a collaborative initiative by the Business Development Bank of Canada (BDC), Export Development Canada (EDC), and the Canadian Trade Commissioner Service of Global Affairs Canada.

Canada-U.S. Trade Tracker: Business Data Lab - Examining our economic integration and the risks of tariffs

Government of Canada Tariff Remission Process - To seek an exception to the counter tariffs on goods coming into Canada from the U.S.

Funding & Financial Assistance

Canada's Employment Insurance (EI)'s Work-Sharing Program is an adjustment program designed to help employers and employees avoid layoffs when there is a temporary reduction in the normal level of business activity that is beyond the control of the employer. It provides income support to employees eligible for Employment Insurance benefits who work a temporarily reduced work while their employer recovers. 

Export Development Canada will offer $5 billion in new facilities over 2 years to help exporters reach new markets for Canadian products and help companies navigate the challenges imposed by tariffs, including losses from non-payment, currency fluctuations, lack of access to cash flows, and barriers to expansion.

If you're looking for funding that helps your company grow in global markets, CanExport SMEs program is accepting applications.

The Ontario Government Funding Opportunities  provide financial support for businesses.

Business Development Canada (BDC) will offer $500 million in new lending. BDC's Pivot to Grow Loan program will provide financing, advice and loan deferrals to small and medium-sized businesses (SMEs) financially impacted by the chill effects of potential or imposed U.S. tariffs.

Farm Credit Canada (FCC) will offer $1 billion in new lending through the Trade Disruption Customer Support Program.  This program features access to an additional credit line of up to $500,000 along with new term loans. FCC customers will have the option to defer principal payments for up to 12 months on current loans.

Ontario's Advanced Manufacturing Ecosystem

The TrilliumGIS database, maintained by the Trillium Network, provides comprehensive data on Ontario's manufacturing sector, including:

  • Manufacturing establishments
  • Supply chain connections
  • Business-to-business opportunities
  • Innovation partnerships