Mission businesses face uncertainty amid Canada-U.S. trade war
Businesses in Mission, British Columbia, are facing significant instability due to the ongoing trade war between Canada and the United States. Local companies report that the lack of predictability makes long-term strategic planning nearly impossible.
JBS Equipment, which employs approximately 170 people, reports that 70 per cent of its business is exported, including significant volume to the U.S. Similarly, Gill Timbers International, a timber and lumber exporter, estimates it has lost roughly 90 per cent of its business during the trade fluctuations. The company has been forced to scale back its U.S. presence and diversify its operations to survive.
Local industry leaders have expressed frustration, noting that small and medium-sized businesses feel ignored by government responses to the trade tensions. TD Steel general manager Bob Cowan noted the difficulty in establishing business strategies amidst the current uncertainty.
Entities
Gill Timbers International · JBS Equipment · Mission · TD Steel · United States
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] JBS Equipment employs approximately 170 people and exports 70 per cent of its business, including to the United States. aldergrovestar.com · peacearchnews.com · theprogress.com
- [● 3 SOURCES] Gill Timbers International estimates it has lost about 90 per cent of its business due to the trade dispute between Canada and the United States. aldergrovestar.com · peacearchnews.com · theprogress.com
- [● 3 SOURCES] TD Steel general manager Bob Cowan stated that businesses are finding it difficult to plan for the future due to a lack of strategy. aldergrovestar.com · peacearchnews.com · theprogress.com
- [● 3 SOURCES] Gill Timbers International has had to scale back its presence inside the United States and diversify its operations. aldergrovestar.com · peacearchnews.com · theprogress.com