Navigating Trade Tariffs
The Impact of Tariffs on Canadian Women Entrepreneurs
Running a business means constantly adapting to change, and global trade policies can have a significant ripple effect on Canadian entrepreneurs. With new U.S. tariffs looming, many business owners, especially women-led enterprises, are facing rising costs, supply chain disruptions, and uncertainty about the future. We recognize these challenges and are committed to providing the insights, resources, and support needed to help women entrepreneurs navigate this shifting landscape.
To better understand the impact of these economic changes, Startup Canada, a national organization dedicated to supporting entrepreneurs, conducted a survey of nearly 200 business owners across the country. The results reveal the biggest concerns facing entrepreneurs today and highlight opportunities for growth, adaptation, and resilience. By learning from these insights and taking action, women entrepreneurs can strengthen their businesses and continue to thrive in an evolving market.
What Entrepreneurs Are Facing
With new U.S. tariffs as high as 25 percent, Canadian business owners are bracing for changes in pricing, supply chains, and market access. Here is what they said:
Rising Costs and Profit Margins Shrinking
Seventy-three percent worry that increased costs for materials and imports will reduce sales.
Business Survival in Question
Forty-two percent are considering downsizing, scaling back, or even closing due to financial strain.
Supply Chain Struggles
Thirty-one percent say finding alternative suppliers or shifting operations is a major challenge.
The Support Entrepreneurs Need
Canadian businesses want solutions to navigate these challenges, and here is what they are asking for:
Financial Support
Grants, subsidies, and tax relief to offset rising costs.
Clear Information
Entrepreneurs need up-to-date guidance on how tariffs will impact them.
Market Expansion Help
Support in finding new suppliers and reaching new markets beyond the United States.
Where Business Owners Are Turning for Help
Women entrepreneurs are looking to government agencies, news sources, and peer networks like AWE to stay informed and connected.
Top resources include:
How AWE Can Help You
AWE provides the knowledge, resources, and connections to help women entrepreneurs navigate economic changes and grow their businesses. We offer workshops, webinars, and expert advising on financial resilience, market expansion, and supply chain strategies. Our networking events and programs connect you with like-minded entrepreneurs, industry experts, and funding opportunities.
Whether you need access to capital or financial resources, expert advice, or a program to support your business growth, AWE is here to help you adapt and thrive. Stay informed, build resilience, and grow with a community of women entrepreneurs.
