News Release

EDMONTON, AB – Effective today, the United States imposed sweeping tariffs on Canadian goods—25% on most exports and 10% on oil—putting Alberta’s $156 billion in annual exports at risk, driving up costs, and creating uncertainty for businesses and workers across North America. 

"While the Chamber is actively working with business leaders and policymakers on both sides of the border to mitigate the immediate fallout, this moment demands more than short-term fixes—it demands bold, strategic action. Canada’s strong reliance on trade with the United States has left businesses vulnerable to economic shocks beyond their control. “A strength overused becomes a weakness, while a weakness mastered can become a strength.” Griffiths said.  

While the Chamber is actively working with business leaders and policymakers on both sides of the border to mitigate the immediate fallout, this moment demands more than short-term fixes—it demands bold, strategic action. Canada’s long-standing reliance on a single trading partner has left businesses vulnerable to economic shocks beyond their control. 

Now is the time to move beyond a reactive approach and implement structural reforms that will drive long-term economic security. Canada must eliminate internal trade barriers that hinder growth, aggressively expand into new international markets, and modernize its tax and regulatory systems to strengthen its global competitiveness. 

The Chamber is calling on all levels of government to act decisively. Canada must strengthen its position in the global economy by reducing barriers, creating a pro-growth business climate, and securing diversified trade opportunities that protect businesses from external shocks. 

“We applaud Premier Danielle Smith and Canada’s Council of the Federation for their leadership in working to prevent these tariffs diplomatically,” Griffiths said. “Canada’s economic future depends on more than just reacting to crises—it requires a long-term, strategic commitment to making our business environment stronger, more resilient, and better positioned for growth. And the Edmonton Chamber is ready to help.” 

The Edmonton Chamber of Commerce will continue to stand up for businesses, working alongside industry leaders and policymakers to drive the changes needed for a more competitive, dynamic, and resilient economy. 

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For further information, please contact: 

Akanksha Bhatnagar
Director, Communications and Public Relations
Edmonton Chamber of Commerce
Phone: 780-616-7153
Email: abhatnagar@edmontonchamber.com