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In an economic climate marked by changes in U.S. trade policy and continuing uncertainty over higher customs tariffs, export businesses within the region are facing significant challenges.
To help businesses adapt to this new economic reality, the City of Laval is investing $4.5 million under its Prosperity Laval initiative. In response to American market uncertainty, a package of new services and resources is being deployed in collaboration with our regional partners as part of an effort to support businesses and help them diversify their export markets.
The City of Laval is implementing several measures to help businesses navigate higher customs tariffs.
Establishment of a committee made up of City of Laval representatives, regional economic development partners, and major export businesses. This committee aims to strengthen collaboration between economic stakeholders across the region. Its mission is to assess the risks associated with the rise in customs tariffs and put forward mitigation measures in support of affected businesses.
An assessment will be carried out with Laval-based export businesses to determine the potential economic impacts of new customs tariffs. Its objective is to help the City of Laval and its partners develop adapted support measures.
Presentation of a workshop with a logistics expert to understand, in practical terms, what the application of a 25% customs tariff will entail in terms of direct impacts on business exports. Free of charge
Deployment of a new information service on customs logistics and regulations. Offered by our international affairs team, this service aims to provide valuable advice and answer all your questions concerning your business export operations to the United States. Free of charge
Establishment of a support service to provide information and help businesses optimize their e-commerce strategies:
The current trade situation with the United States attests to Laval-based export businesses’ considerable dependence on the American market. While the United States remains the main export market for businesses within the region, diversification toward new markets is more essential than ever to ensure their growth, build greater resilience, and ensure their sustainability.
As part of Operation Prosperity Laval, the City of Laval is offering a number of high-potential initiatives to help guide diversification efforts undertaken by businesses and support their competitiveness.
Improved export diagnostics service, including the identification and prioritization of alternative markets to the United States, to help businesses identify new opportunities based on their export capacity. Free of charge
Deployment of trade missions to scope out new markets and forge ties with international buyers and partners beyond the United States, with a focus on targeted prospecting and municipal diplomacy.
Strengthening the Laval Économique team with the addition of a digital specialist responsible for supporting businesses undertaking a digital transition and stimulating the growth and competitiveness of their exports:
Development of a new offer of support services and economic missions aimed at making Laval-based export businesses more competitive.
The City of Laval will roll out subsidy programs to help Laval-based export businesses improve their e-commerce operations and invest in productivity in order to become more competitive abroad and thereby consolidate and/or develop new markets.
Laval-based businesses can count on the expertise of our international team at all times, via our regular regional export promotion services (ORPEX).
Take advantage of our custom support and personalized resources to develop your export markets and seize new business opportunities in Canada and internationally.
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Check out our calendar of events: great opportunities to network and stay informed on specific issues.