Canadian food and beverage businesses are facing significant impacts from U.S. tariffs on Canadian exports. The Canadian Food Innovation Network (CFIN) is here to support you through this challenging period.
What's Happening?
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The U.S. has imposed tariffs of up to 25% on a wide range of Canadian goods, significantly impacting food exports. The tariffs went into effect on Tuesday, March 3, but many were temporarily removed until April 2.
Federal Government Resources
Food businesses can leverage federal programs dedicated to helping businesses affected by U.S. tariffs. These initiatives offer financial aid, strategic advice, and advocacy to reduce the strain on your operations:
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CanExport Funding: The federal CanExport program offers funding to help Canadian SMEs explore new overseas markets. With CanExport SMEs grants, you can get financial support (for travel, marketing, compliance testing, etc.) to develop business in markets beyond the U.S.
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Export Development Canada (EDC) – Launching the Trade Impact Program to deploy $5 billion over two years, starting this year, to help exporters reach new markets for Canadian products and help companies navigate the economic challenges imposed by the tariffs. It also offers credit insurance, financial solutions, and risk management advice for exporters.
Provincial Export Organizations & Resources
These provincial organizations and government agencies provide comprehensive export services for local businesses and often administer funding programs to offset costs for trade shows and market exploration.
These FTAs mean Canadian agri-food products can often enter those markets with low or zero duties—a huge competitive advantage. Explore markets where you can capitalize on this. For instance, under CETA, almost all Canadian food products enter Europe duty-free. Under CPTPP, you have preferred access to Japan, Vietnam, and beyond.
Support Canadian Food Businesses
Help strengthen Canada's food sector by sourcing from innovative Canadian food businesses!
You can discover new Canadian partners and resources through CFIN resources like:
Stay resilient, informed, and connected. CFIN is here to help you navigate this challenge.