When President Trump announced 25% tariffs on nearly all Canadian imports earlier this year, the impact was swift and significant for Canada’s food sector. Reliable supply chains and cross-border partnerships were disrupted overnight, and many CFIN members faced some difficult decisions.
We launched a pulse poll on YODL to capture the immediate impact that tariffs, or the threat of tariffs, had on Canadian food businesses. As Canada continues to rethink trade relationships and mitigation strategies, both across provinces and beyond our borders, your insights helped us shape our recommendations for targeted support, more responsive trade policies, and a stronger voice for food innovators in national decision-making.
While CFIN continues to advocate for food sector support and more resilient trade policy, food businesses can take proactive steps to protect themselves from future disruption. Based on feedback from our network and current market dynamics, here are four actions to consider:
At the recent G7 Summit, Prime Minister Carney and President Trump signaled renewed interest in resolving bilateral trade tensions. While the long-term outcome remains uncertain, food companies that monitor developments closely and build adaptive strategies will be better positioned to respond.