Duty-free dilemma: How people are adapting to tariffs on Canadian goods

Amelia Barnes, the owner of Prana Vida Style, a Winnipeg-based sustainable clothing store, shares her concerns about the potential impact of tariffs. With 50 per cent of her customers in the U.S. and uncertainty surrounding an exemption for less valuable purchases, Barnes is left wondering how future policies could affect her bottom line. Hear her perspective on the challenges small business owners face in a shifting economic landscape.The impact of U.S. tariffs on Canadian goods is presenting challenges for businesses like Emerson Duty Free. Simon Resch, the owner of this border store, shares how he's adapting to the 25 per cent tariff on Canadian goods and what steps he's taking to stay afloat. We also hear about recent actions taken by the Manitoba government to support local businesses, including pulling U.S. products from liquor store shelves and offering tax deferrals.As tariff battles heat up, Canadians may face increased financial challenges. Moshe Lander, a senior lecturer in economics at Concordia University, breaks down the potential impact on personal finances. He discusses strategies the government could adopt, such as targeted spending and tax cuts, to help consumers and businesses navigate these uncertain times, while stressing the importance of addressing specific trade issues without mixing them with unrelated concerns.Cory Funk fills in for host Marcy Markusa today.