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Horizontal bar chart ranking CFIB survey findings on how retaliatory tariffs are affecting small Canadian businesses.

Canada's retaliatory tariffs on $27.6 billion of U.S. goods took effect at midnight, adding urgency to a Canadian Federation of Independent Business survey of 1,721 members already coping with tariff-driven cost pressure. Fifty-nine percent say metals tariffs hit hardest and 48% report lower revenue, but the sharpest number is 19%, the share of tariff-affected businesses that say they cannot last six months under the current status quo. Ottawa has paired the tariffs with a $7.5 billion liquidity package.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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