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March 7, 2025

Tariff Updates

Brampton Takes Action: Supporting Businesses and Strengthening Trade

The City of Brampton is taking decisive action to address U.S. tariffs by prioritizing local business support, promoting trade diversification and reducing reliance on U.S. markets.

Access resources, stay informed, and take action. Learn how you can get involved below and visit the Tariff Resource Hub to stay informed on the latest updates.

Stand for Canada

The City of Brampton has launched a Stand for Canada procurement policy, strengthening our commitment to protecting Canadian businesses in response to U.S. tariffs by: 

• Re-evaluating procurement contracts and restricting American-based companies from future opportunities while tariffs remain. 
• Engaging municipalities, businesses and residents across the country to adopt a Made in Canada approach. 
• Investing in our local businesses and workers to enhance economic resilience, drive innovation, and build a stronger future for Canada.

Free Upcoming Webinar

Learn how EDC is committed to supporting Canadian exporters & investors who are impacted by current tariffs.

Introducing the Mayor’s Tariff Task Force 

The City of Brampton launched the Mayor’s Tariff Task Force to support ongoing efforts and plans to strengthen and diversify Brampton’s trade relationships, with a focus on: 

• City-to-city engagement: Strengthening relationships with U.S. cities and businesses that support free and fair trade.
• Business outreach: Working directly with U.S. companies operating in Brampton and creating new opportunities for local businesses.
• Diversifying global trade: Reducing reliance on U.S. markets by advocating for stronger international partnerships and interprovincial trade.

Navigating Tariff Disruptions

Tariff changes are unfolding quickly, impacting businesses across sectors. As of March 6, 2025, at noon, here’s what we know. Given the evolving nature of this situation, things may change by the time you finish reading this newsletter, but Our Invest Brampton team is actively monitoring developments and will continue to provide verified updates. 

We understand the uncertainty for businesses and remain committed to keeping you informed. Follow us for updates, and if you have specific questions, reach out to our Invest Brampton team for support. 

Stay connected, stay informed, and let’s navigate these changes together. 

Read latest news

Announcements

On March 6, 2025, the U.S. Administration announced a temporary suspension of tariffs on Canadian goods that comply with the Canada-United States-Mexico Agreement (CUSMA) until April 2. 

Additionally, the tariff on potash, a key ingredient in fertilizer, has been reduced from 25% to 10%.

On March 5, 2025, the U.S. Administration announced a one-month exemption on automakers who comply with CUSMA. 

This announcement follows the March 4, 2025, decision, in which the U.S. imposed a 25% tariff on Canadian exports and a 10% tariff on energy products. Furthermore, a 25% tariff on steel and aluminum is still set to take effect on March 12, 2025. 

Canada Announces Counter-Tariffs and Retaliatory Measures in Response to U.S. Tariffs 

In response to U.S. Tariffs imposed on March 4, 2025,  the Government of Canada announced 25% counter-tariffs on $155 billion of U.S. goods.

Learn more about Government of Canada’s response to U.S. Tariffs.

On March 4, 2025, The Province of Ontario also announced retaliatory measures, including removing U.S. products from LCBO shelves, a province-wide procurement ban on U.S. companies, and a proposed 25% tariff on electricity exports to the U.S. Watch the press conference here.

The Government of Canada is seeking views from business, stakeholders, and Canadians regarding the impacts of the application of tariffs on goods:

Notice of Intent to Impose Countermeasures in Response to United States Tariffs on Canadian Goods 

The Government of Canada has issued a notice of intent to implement a second round of tariffs, additional counter-tariffs of $125 billion, subject to a 21-day comment period prior to implementation. Submit your input below:

Submissions will be accepted until March 25, 2025.

To provide additional feedback or information not included in the form, please e-mail consultations@fin.gc.ca and include "U.S. Tariff Consultations" in the subject line.

Finance Canada has outlined a discretionary tariff remission process for Canadian importers that Canada’s retaliatory tariffs may impact. Click here to learn more, or contact Finance Canada at remissions-remises@fin.gc.ca for questions or requests.

Tariff Resource Hub

Centralized source for real-time tariff updates, resources, expert guidance and opportunities.  

View frequently asked questions

Brampton Business Directory

Promote your business and connect with local partners to strengthen business-to-business relationships and expand your network.

Brampton Business Support

Our team of sector experts are available to provide support and strategic advice to help your business navigate tariff-related challenges, including: 

• One-on-one business consultations tailored to your industry. 
• Connections to key trade organizations and government partners.

Stay updated on the latest developments and how these measures will impact Brampton's economy and business community as Canada continues to stand strong in support of its industries and future prosperity.