TORONTO — Canadian small businesses are losing confidence in the U.S. as a reliable trading partner, and are shifting to suppliers in domestic and other international markets in the wake of President Donald Trump’s tariffs.
A new report by the Canadian Federation of Independent Business says 47 per cent of members it recently surveyed do not consider Canada’s southern neighbour to be a reliable trading partner anymore.
Nearly one-third of business owners report having already shifted to suppliers and markets within Canada, while 27 per cent say they intend to increase their domestic investments. Another 33 per cent plan to reduce their reliance on the U.S. over the next
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