U.S. tariffs are disrupting Waterloo region businesses significantly

U.S. tariffs on Canadian goods are impacting businesses in the Waterloo region. Two local CEOs, Jennifer Appleby Vines of Georgette Packaging and Dave Caputo of Trusscore, discussed the uncertainty and challenges they face due to these tariffs. Appleby Vines noted that 75% of her business relies on the U.S., leading to a significant drop in customer commitments. Caputo's company, which has seen U.S. sales grow to 60%, is also struggling with unclear tariff costs affecting shipments. Both companies are now focusing on finding U.S. suppliers and expanding their Canadian customer base. They aim to navigate the ongoing uncertainty while addressing potential impacts on employment and the local economy.