March 12, 2025 - Following a dollar-for-dollar approach, Canada is imposing, as of 12:01 am, March 13, 2025, 25 per cent reciprocal tariffs on a list of steel products worth $12.6 billion and aluminum products worth $3 billion, as well as additional imported U.S. goods worth $14.2 billion, for a total of $29.8 billion. The list of additional products affected by counter tariffs includes tools, computers and servers, display monitors, sport equipment, and cast-iron products.
Economic Development and its partners are closely monitoring the evolving U.S.-Canada tariff situation. Resources and information will be updated and shared on this dedicated page as they become available. If you have any questions, please contact the Economic Development team.
The Town of East Gwillimbury’s Economic Development team can support your business in navigating the available supports and connections for your business or organization.
Meeting with Economic Development
York Link (York Region's Economic Development) is maintaining an updated list of resources to support local businesses in navigating the impact of U.S. tariffs. Available information includes:
Note: Rotate your device to horizontal/landscape to view the full table.
Organization | Support |
---|---|
Town of East Gwillimbury | Economic Development | Navigate the available supports |
Central York Chamber of Commerce | East Gwillimbury business advocacy |
Ontario Chamber of Commerce | Provincial business advocacy |
Ontario Made |
Product promotion for manufacturers |
Canadian Manufacturers and Exporters | Manufacturing advocacy and training |
Canadian Chamber of Commerce | Federal business advocacy |
Export Development Canada | Trade knowledge, financial solutions, insurance, equity and connections |
Trade Commissioner Services | Connections to funding and international opportunities |
Business Development Bank of Canada | Financing for small and medium sized businesses |
Farm Credit Canada | Support for agriculture and agri-food sectors |
Canada Small Business Financing Program | Simpler small business loans |
Employment and Social Development Canada | Work sharing program to avoid layoffs |
Note: Membership and Registration Requirements Vary
Funding, Grants, and Tax Strategies for International Growth | March 18, 2025 |
Date: Tuesday, March 18, 2025 Time: 8:30 a.m. to 3:30 p.m. EST Host: Toronto Region Board of Trade Cost: Free Description: This session will equip women entrepreneurs, business owners, managers, directors, and leaders of Ontario-based companies with the knowledge, skills, and tools needed to adopt effective capital funding strategies and optimize cash flow management. Led by industry experts and thought leaders in international trade and finance, this session will cover a wide range of topics including:
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Impact of US Tariffs on Ontario’s Food & Beverage Industry | March 19, 2025 |
Date: Tuesday, March 18, 2025 Time: 8:30 to 10 a.m. EST Host: Food and Beverage Ontario Cost: Free Description: Join Food and Beverage Ontario (FBO) for an in-depth discussion on the potential impact of US tariffs on Ontario’s food and beverage sector. With global trade tensions rising and economic uncertainty looming, industry leaders must stay informed and prepared for potential disruptions. This webinar will provide key insights from economic and industry experts to help businesses understand the evolving trade landscape, assess risks, and explore strategies for navigating potential challenges. |
Diversify and Grow: Indo-Pacific Insights for Canadian Startups | March 20, 2025 |
Date: Thursday, March 20, 2025 Time: 9 a.m. EST Host: Export Development Canada Cost: Free Description: With the spectre of new U.S. tariffs on the horizon, trade diversification is no longer just a buzzword—it’s a strategic imperative for Canadian startups. The Indo-Pacific region offers enormous potential for growth, but its vast diversity of markets, cultural nuances, and regulatory landscapes demand a specialized approach. Join us on March 20, for an exclusive “Ask Me Anything” (AMA) session featuring two Chief Representatives from distinct Indo-Pacific markets—Dubai and the Philippines—alongside Roberto Bagnato, EDC’s Marketing Lead for the Indo-Pacific strategy. They’ll share firsthand insights into the most promising opportunities, effective entry and expansion strategies, and how to navigate cultural and operational differences in this dynamic region. |
Tariffs & Trade in Focus: Understanding the Economic Landscape | March 20, 2025 |
Date: Thursday, March 20, 2025 Time: 1 p.m. EST Host: BDO Canada Cost: Free Description: Register now for a timely webinar on the latest economic trends, tariffs, and trade updates that will shape the future of Canadian businesses. Join us as we engage in real talk on what’s top-of-mind for business leaders including:
This is an essential session for companies looking to stay ahead. |