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Navigate Tariff & Trade Turbulence with Confidence

Steps to Take Immediately

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Manage Your Exposure

Review the following areas of your business to help mitigate the impact that tariffs and trade uncertainty can have on your bottom line.

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Business Operations

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    Leverage your cross-border footprint creatively. Having a presence in both the U.S. and Canada creates opportunities to manage tariff exposure strategically. Examine alternate supply chains and serving markets with local operations.

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    Supplier diversification. Explore less tariff-impacted regions and consider supply chain financing for inventory and receivables. Assess nearshoring or onshoring opportunities for reducing operational risk.


Finances & Treasury

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    Review cash segmentation. Look into increasing liquidity buffers to maintain higher cash reserves. Also think about centralizing cash (cash pooling) to optimize liquidity across jurisdictions.

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    Enhance cash forecasting. Stress test your forecasts to account for potential impacts on sales, supply chain costs and changing customer behaviour as trade developments and economic indicators shift. Maintaining a common platform to manage Canada & U.S. operation finances is highly recommended.

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    Manage currency risk. Adopt multicurrency accounts and other solutions to help manage foreign exchange exposure. Consider leveraging payments/receivables in their source currency to minimize conversion costs.


Finances & Treasury

Our Latest Tariff-Related Insights and Analysis

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External Resources

We recommend staying in touch with trade associations and relevant industry groups—they are important
sources of support and strong advocates for the industry.

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    Export Development Canada (EDC)

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