Trade War Hits Local Businesses | Toronto News

Toronto News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 1m

Trade tensions are escalating, slamming small businesses across the border as U.S. tariffs spark retaliatory moves from Canada — and mayoral candidates in the GTA are rolling out bold local solutions to shield jobs and keep companies afloat. Toronto’s Olivia Chow champions “buy local” campaigns and existing Canadian vendor spending, while Brad Bradford and Chris Alexander propose tax breaks and cash-flow financing for hit industries. In Mississauga, Carolyn Parrish warns of job losses tied to U.S. trade, countered by Bonnie Crombie’s plan for interest-free tax deferrals and a crisis-response…