Economic Development response to tariff impacts

In response to recent tariff developments and their potential effects on local businesses, the Town of Cochrane’s Economic Development department is actively monitoring the situation and assessing its implications on our local economy.

The Town of Cochrane’s Economic Development department recognizes the potential impacts that recent or emerging tariffs may have on our local business community. From increased input costs to supply chain disruptions, these changes can affect a range of industries across Cochrane.

Our goal is to ensure local businesses are informed, supported, and connected to the appropriate resources to navigate these economic shifts effectively.

Proudly Cochrane logo on wood background

The role of Economic Development

Cochrane Economic Development acts as a central conduit to both federal and provincial supports available to businesses impacted by tariff-related challenges. This includes:

  • Providing clear, timely information
    Sharing verified updates and practical insights on trade developments affecting local business operations.
  • Connecting businesses to resources
    Directing business owners to funding programs, tariff relief measures, and market diversification tools and toolkits offered through provincial and federal governments.
  • Partnering with local organizations
    We are working in close collaboration with the Cochrane & District Chamber of Commerce, which continues to be a vital partner in advocating for local business interests and delivering resources to support resilience and growth.
  • Supporting business continuity and growth
    Offering guidance on operational planning, innovation and new market strategies to help businesses adapt and thrive in a shifting trade environment.
Cochrane and District Chamber of Commerce

The Cochrane & District Chamber of Commerce

As a key partner in this effort, the Cochrane Chamber provides:

  • Advocacy at the local and regional level
  • Business mentorship and peer support
  • Access to events, workshops, and policy updates
  • A strong voice for Cochrane businesses in ongoing economic discussions

We encourage all business owners to stay connected with both the Chamber and the Town for ongoing updates and support.

Next steps for local businesses

Business owners impacted by tariffs are encouraged to:

  • Sign up for the Cochrane Business newsletter for monthly updates.
  • Reach out to the Cochrane Chamber of Commerce to engage in business support networks and policy advocacy.
  • Stay informed through updates from Global Affairs Canada, CBSA, and Alberta Jobs, Economy and Trade.
  • Consider exploring supply chain strategies and new market opportunities.