Impact of tariffs on businesses in Canada: Expectations and strategic responses, second quarter of 2025
Articles and reports: 11-621-M2025007Description: Amid shifts in tariffs, trade regulations and the U.S. administration, the Canadian Survey on Business Conditions, conducted from April 1 to May 5, 2025, incorporated a series of targeted questions to gauge the sentiment, expectations and strategic responses of businesses across Canada. This paper provides an overview of the survey findings, examining the anticipated impacts on sales, business uncertainty and selling prices, as well as the array of mitigation strategies businesses have adopted to navigate the evolving economic landscape. Issue Number: 2025007Frequency: OccasionalAuthor(s): Sood, ShivaniMain Product:Analysis in Brief