See every side of every news story
Published loading...Updated

More than three-quarters of startups say tariffs will impact their business: survey

  • More than three-quarters of Canadian startups believe tariffs will impact their business, according to a report by The Canadian Press.
  • The survey found that 38% of startups expect a direct impact from the tariffs, while another 38% anticipate indirect effects.
  • MaRS CEO Grace Lee Reynolds said, 'The threat of U.S. Tariffs is forcing Canadian founders to rethink growth strategies and explore alternative markets.'
  • Over half of the surveyed startups are concerned about sourcing materials or stabilizing supply chains, indicating uncertainty in their operations.
Insights by Ground AI
Does this summary seem wrong?

16 Articles

All
Left
3
Center
2
Right
City NewsCity News
+11 Reposted by 11 other sources
Center

More than three-quarters of startups say tariffs will impact their business: survey

TORONTO — More than three-quarters of Canadian startups believe tariffs will impact their business, a new report found. The survey of more than 175 ventures linked to Ontario tech hubs MaRS and Communitech found 38 per cent expect a direct impact as a result of the tariffs, while 38 per cent anticipate indirect effects. The […]

·Toronto, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources lean Left
60% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Canadian Manufacturing broke the news in on Tuesday, April 1, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.