Canadian businesses seeking export success to the U.S. can leverage a variety of government resources designed to support market entry, manage tariff challenges, and expand trade opportunities. Key programs include CanExport SMEs, trade advisory services, tariff support initiatives, and export financing through Export Development Canada (EDC).
The CanExport SMEs program offers up to $50,000 in funding to Canadian small and medium-sized enterprises (SMEs) for eligible international market development activities, including entering the U.S. market. This program helps reduce the financial risk of expanding exports by sharing costs related to market research, trade shows, and business development.
The Government of Canada also provides specialized support to navigate U.S. tariffs and trade policy changes, including guidance on compliance with the Canada-United States-Mexico Agreement (CUSMA/USMCA). This includes resources to help exporters remain competitive despite tariff challenges and evolving trade regulations.
Additional export support includes:
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Trade Commissioner Service (TCS): Offers expert advice, market intelligence, and connections to potential partners in the U.S. market.
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Export Development Canada (EDC): Provides trade finance, credit insurance, and bonding services to mitigate financial risks associated with exporting to the U.S..
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Border and customs resources: Guidance on logistics and regulatory requirements for shipping goods across the Canada-U.S. border.
Provincial programs, such as Nova Scotia’s Export Development Program, also provide financial incentives to offset costs related to travel, trade shows, and hiring consultants to support export growth.
Canadian exporters are encouraged to diversify their markets but given the extensive Canada-U.S. trade relationship—the largest bilateral trade partnership globally—leveraging these federal and provincial resources is critical for success in the U.S. market.
In summary, Canadian exporters to the U.S. can benefit from:
| Resource/Program | Description | Funding/Support Details |
|---|---|---|
| CanExport SMEs | Funding for SMEs to develop new export markets, including the U.S. | Up to $50,000 for eligible activities |
| Trade Commissioner Service | Market intelligence, advisory services, and connections | Free advisory and support services |
| Tariff Support Initiatives | Guidance and resources to manage U.S. tariffs and trade compliance | Expert guidance and informational resources |
| Export Development Canada (EDC) | Trade finance, credit insurance, bonding services | Financial products to reduce export risks |
| Provincial Export Programs | Regional financial incentives for export growth activities | Varies by province, e.g., up to $15,000 in NS |
These resources collectively help Canadian businesses reduce risks, understand regulatory environments, and capitalize on the vast opportunities in the U.S. market.
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