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B.C. businesses navigate retail minefield in midst of tariff war

  • Canadian businesses face challenges due to new 25 percent tariffs on $29.8 billion in U.S. Imports, affecting pricing and availability of goods, and creating uncertainty for local retailers.
  • Paul Chambers, a business owner, expressed concerns about being unable to expand due to the reliance on U.S. Products affected by the tariffs.
  • A survey by the Canadian Federation of Independent Business revealed that 75 percent of Canadian small businesses support the tariffs despite hardships.
  • Shawn Soole commented that the tariffs haven't significantly impacted the hospitality industry yet, but uncertainty remains a challenge for businesses.
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Small B.C. businesses resilient, but U.S. tariffs require flexibility: Analyst

Not unlike COVID, U.S. tariffs will require small businesses to be flexible, learn new things fast

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REM | Real Estate Magazine broke the news in on Wednesday, March 19, 2025.
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