Statement From President and CEO: Latest Tariff Announcement from President Trump

Statement from Sueling Ching, President & CEO of the Ottawa Board of Trade re: Latest Trump Tariff Announcement

"The Ottawa Board of Trade stands with our business community in navigating the challenges posed by President Trump’s latest tariff announcement. These measures threaten the deeply integrated supply chains and economic relationships that have long benefited both Canada and the United States. While Canadians can take pride in the efforts of Team Canada to mitigate the worst impacts, this moment underscores the urgency of advancing policies that strengthen our competitiveness and resilience.

Unpredictable trade policies create instability, which undermines investment and growth. To secure our future, Canada must focus on diversifying trade relationships, eliminating internal trade barriers, and fostering innovation across industries. Locally, we must work together to unlock Ottawa’s full economic potential by supporting businesses, workers, and communities in adapting to these shifting dynamics.

The Ottawa Board of Trade is committed to collaborating with leaders at all levels to ensure a strong, united response that prioritizes stability and prosperity for Canadians. By pursuing bold strategies and leveraging new opportunities, we can build an economy that thrives regardless of external pressures."