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How Canadian Businesses Can Navigate Tariffs and Today’s Dynamic Economy

By Royal Bank of Canada

Published April 17, 2025 • 2 Min Read

Introducing the new RBC Tariffs Navigator for Business

One thing is for sure in today’s environment: business owners have questions about tariffs and the geo-political environment.

New and significant tariffs have been directed at several countries – and Canada finds itself on the front lines.

As the unprecedented trade situation evolves it’s more important than ever to understand how tariffs work, the implications of short- and long- term tariffs, and the strategies Canadian businesses can implement to successfully navigate a whole new world in 2025.

RBC Tariffs Navigator for Business includes resources to help you and your business remain adaptable and be ready for whatever the future will bring. While the future may be turbulent, you’ve got this – and we’ve got your back.

Navigate the links below to explore critical information, including:

  • Comprehensive FAQ: Top questions asked by owners 

  • Links to key government sites and relief programs, the RBC Trade Hub, and tariffs calculators

  • Tips for responding to today’s dynamic economy including tapping into new markets, re-considering your pricing as an offset strategy, and more.

  • Macroeconomic analysis about how tariffs are affecting Canadian businesses and how a weak Canadian dollar could affect businesses and investors

What Canadian Businesses Need to Know about Tariffs

Navigating Today’s Economy

Canadian Government sites:

Provincial government resources for trade and investing: British Columbia and Ontario

  • CanExport provides up to $50,000 in funding to help small- and medium-sized Canadian enterprises break into new international markets.

  • The Trade Accelerator Program (TAP) helps businesses with international growth.

RBC Resources:

RBC Trade Hub

Insights On How Canada Can Build A Resilient Economy And Fortify North America

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