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Tariffs areExpected to Impact Over 75% of Canadian Startups and Cause Job Cuts in Hamilton.
Over three-quarters of Canadian startups expect tariffs to impact their businesses, with 38% anticipating direct effects and another 38% indirect consequences.
The main concerns include securing capital, attracting customers, and expanding to new markets.
The US manufacturing sector has also contracted due to tariff-related cost pressures and demand uncertainty.
In Hamilton, a third of businesses are preparing for job cuts due to these tariffs.
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Las tarifas están previstas para impactar más del 75% de las Startups canadienses y causar recortes de empleo en Hamilton.