{"id":197951,"date":"2025-10-08T16:43:10","date_gmt":"2025-10-08T16:43:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/197951\/"},"modified":"2025-10-08T16:43:10","modified_gmt":"2025-10-08T16:43:10","slug":"new-tool-highlights-tariff-impact-on-waterloo-region-guelph","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/197951\/","title":{"rendered":"New tool highlights tariff impact on Waterloo Region, Guelph"},"content":{"rendered":"<p>As the<a href=\"https:\/\/kitchener.citynews.ca\/2025\/10\/08\/carney-returns-to-ottawa-without-a-deal-to-end-the-u-s-tariffs\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> trade talks continue<\/a> between Ottawa and Washington, the University of Toronto is out with a <a href=\"https:\/\/schoolofcities.github.io\/tariffs\/cma-ranking-charts\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">new tool<\/a> that breaks down how Canadian municipalities are impacted by the ongoing tariffs.<\/p>\n<p>The tool breaks down the percentage of employees and businesses impacted in specific cities and regions across the country. Researchers said the numbers show small to mid-sized communities tend to be more heavily affected by the ongoing trade war.<\/p>\n<p>\u201cWhen it comes to aluminum, urban centres in southern Ontario, including Windsor, Guelph, and Kitchener-Waterloo-Cambridge, all appear near the top of the list,\u201d reads the release.<\/p>\n<p>\u201cThe cumulative effect of multiple tariffs is particularly concerning for small and mid-sized cities. For instance, Guelph and Windsor rank among the highest in terms of the proportion of jobs and businesses exposed.\u201d<\/p>\n<p>Larger cities such as Toronto, Montreal, and Vancouver had the highest total number of jobs and businesses impacted, but researchers argue that doesn\u2019t show the whole picture.<\/p>\n<p>\u201cThe relative impact is much lower in these cities due to their diverse economies. Sectors like finance, tech, and cultural industries help buffer against tariff shocks,\u201d it reports.<\/p>\n<p>In communities that are manufacturing hubs or resource-dependent, the tariffs are said to be significantly more impactful. In the tri-cities, Kitchener, Waterloo, and Cambridge, jobs and businesses fall in the top Canadian cities most impacted by these tariffs, at 13.8 per cent.<\/p>\n<p>When broken down to just the tariffs on aluminum and steel, the tri-cities rank even higher compared to other Canadian cities.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"519\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/U-of-T-tool-Graph-.png\" alt=\"\" class=\"wp-image-4093529\"  \/>Snapshot of information provided by University of Toronto tariff impact tool (Taken: October 8, 2025)<\/p>\n<p>The interactive tool can <a href=\"https:\/\/schoolofcities.github.io\/tariffs\/map\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">break down the data<\/a> to be tariff-specific and zoom in on individual neighbourhoods.<\/p>\n<p>The researchers said the information will be updated as the trade war situation develops.<\/p>\n<p>They noted these numbers show diversity in local economies is especially important, and support in new markets and supply is essential for these smaller municipalities to \u201cadapt and thrive.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"As the trade talks continue between Ottawa and Washington, the University of Toronto is out with a new&hellip;\n","protected":false},"author":2,"featured_media":197952,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-197951","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/197951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=197951"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/197951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/197952"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=197951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=197951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=197951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}