Innovation sector under tariff war needs more protection and diversified trade partners, says business advocates
The federal government is closely monitoring the situation surrounding potential U.S. tariffs and ‘stands ready to have a robust response if needed,’ says the innovation minster's office.
A trade war with the United States poses an “existential crisis” for Canada’s innovation sector, with experts arguing that mitigation strategies, such as doubling down on intellectual property and increasing trade diversification, will be key to weathering the storm.
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