Community Futures Peterborough Launches New Toolkit to Support Local Businesses With Advice on Managing Tariff Risks

In response to the ongoing trade challenges posed by United States tariffs, Community Futures Peterborough (CFP) has launched the Tariff Toolkit as a strategic resource to support businesses for the community.

Photo courtesy of CFP.

This is a collaboration with the Business Advisory Centre, the City of Peterborough, the County of Peterborough, the Peterborough Downtown Business Improvement Area (DBIA), and Peterborough + the Kawarthas Chamber of Commerce.

CFP says the evolving trade landscape between Canada and the United States has created uncertainty for local businesses. All aforementioned organizations came together at Market Hall Performing Arts Centre to connect businesses with industry experts who provided initial guidance on minimizing the impact of tariffs on March 4. While the specifics of the tariffs may change, the need for businesses to rethink their approach to trade remains constant according to Devon Girard, CFP executive director.

“We have always been mindful of not only the direct impacts tariffs themselves have on businesses but also tariff speculation and lasting change in consumer buying patterns. Those are the effects our area businesses are feeling right now,” she said.

According to CFP, the Tariff Toolkit is a practical resource that helps businesses assess their current trade strategies and explore new opportunities. It will also offer insights and actionable steps that businesses can work on with their advisors to develop a resilient approach to international trade. It is available to all businesses in the City and County of Peterborough.

“Downtown businesses are navigating an increasingly complex trade environment, and the Tariff Toolkit arrives at a critical time,” said Nour Mazloum, Peterborough Downtown Business Improvement Area executive director. “It equips our businesses with the practical strategies and expert insights they need to adapt, stay competitive, and build long-term resilience. We're proud to support this initiative and ensure our local business community has every opportunity to thrive—no matter the global challenges.”

The Tariff Toolkit offers businesses guidance in key areas, including understanding the financial impact of tariffs, identifying alternative sourcing strategies, expanding customer bases beyond tariff-affected regions, mitigating financial exposure through hedging and risk management, repositioning brand messaging in response to trade shifts, and leveraging local and international partnerships to drive growth.

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Check Out The Business Beat This Week Featuring Restwell Upholstering, Le Boat, Summer Soul Yoga and Peterborough Matboards

PTBOCanada is delighted to be running the Business Beat columns each week here, spotlighting new businesses and startups in Peterborough and the Kawarthas. Here is this week’s edition…

Restwell Upholstering is celebrating 80 years here in Peterborough, keeping our homes and businesses looking and feeling good.

Restwell’s expert upholsterers, sewists and sales staff can help you with anything from a small repair to a cherished family heirloom, from commercial restaurant seats to refilling patio cushions and everything in between. They work with 25 fabric suppliers, many of which are Canadian. They can help you find the perfect fabric, vinyl, or leather for your project. Check them out at 494 The Parkway, Unit 5.

It's great to see local businesses working together. Summer Soul Yoga and Wellness worked with Le Boat last summer on some promotional material.

Le Boat is an international boating vacation company that recently began service on the Trent-Severn Waterway based out of Peterborough County. Summer Soul owner Ashley Woollacott recently had her picture on one of Le Boat’s luxury vessels in the Globe promoting the Trent-Severn Trail Towns, a key local tourism program, to a national audience. Check out Le Boat for your Ontario staycation and you can find Summer Soul at 394 George Street North in downtown Peterborough.

The Chamber of Commerce is hosting a couple election events.

There’s an all-candidates business issues debate on Tuesday, April 8 at Lakefield College School from 7 to 8:30 p.m. with doors opening at 6:30 p.m. There will also be a Coffee with the Candidates event on Tuesday, April 15 at Holiday Inn Peterborough from 9 to 10 a.m. These events are in partnership with The Kawarthas Home Builders Association, Central Lakes Association of Realtors, Peterborough and District Construction Association, and the Peterborough Downtown Business Improvement Area. Visit pkchamber.ca for more information.

We’re going to keep highlighting some amazing companies making products locally. This week it’s Peterboro Matboards.

They’ve been in business locally since 1902. They make high-quality matboard for the art and framing industry. Their pulp and paper chemistry expert has helped design matboards that cut better, giving smooth bevels and a clean look. Their quality has earned the company both the Fine Art Trade Guild and new PPFA standards. Peterboro Matboards are a major global player in the industry, shipping product around the world from their Peterborough facility.

If you want to have your business featured on the Business Beat or know of a business doing something new and interested, shoot an email to joel@pkchamber.ca.

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