More than three-quarters of startups say tariffs will impact their business: survey
- More than three-quarters of Canadian startups believe tariffs will impact their business, according to a report by The Canadian Press.
- The survey found that 38% of startups expect a direct impact from the tariffs, while another 38% anticipate indirect effects.
- MaRS CEO Grace Lee Reynolds said, 'The threat of U.S. Tariffs is forcing Canadian founders to rethink growth strategies and explore alternative markets.'
- Over half of the surveyed startups are concerned about sourcing materials or stabilizing supply chains, indicating uncertainty in their operations.
16 Articles
16 Articles
Voters in Waterloo region say they're just trying to survive U.S. tariffs
CBC K-W's put out a survey asking residents in Waterloo region and the surrounding area to share what matters most to them in this upcoming election. Concerns over tariffs and threats to Canadian sovereignty were the most frequent responses.
More than three-quarters of startups say tariffs will impact their business: survey
TORONTO — More than three-quarters of Canadian startups believe tariffs will impact their business, a new report found. The survey of more than 175 ventures linked to Ontario tech hubs MaRS and Communitech found 38 per cent expect a direct impact as a result of the tariffs, while 38 per cent anticipate indirect effects. The […]
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