Canadian small businesses struggle with U.S. trade tariffs

Many small businesses in Canada are struggling due to trade tensions with the United States. A rice mill in Ontario, Dainty Foods, is one example. After years of success, the company now faces uncertainty because of new tariffs imposed by the U.S. government and Canada's responses. Dainty Foods has been in business for 142 years and was seeing increased demand for its products. They had plans to modernize their factory and even build a new plant in Detroit for easier access to U.S. customers. However, the recent trade war has disrupted these plans and put the company's future at risk. The tariffs have caused significant increases in costs. Dainty Foods now has to pay 25% more to import rice from the U.S. They also fear they may face higher costs when exporting to the U.S. if more tariffs are implemented. This situation highlights the broader challenges that small and medium-sized businesses in Canada are facing during this trade conflict.