N.B. announces new measures to battle impact of tariffs imposed by the United States

As the trade war between Canada and the United States persists, New Brunswick Premier Susan Holt says the province is taking action to support local business, jobs and products.

The province announced a series of measures Thursday aimed at steering public spending toward domestic products, helping businesses diversify into new markets and providing financial support to companies feeling the impact of the latest tariffs.

“The time to act is now,” Holt told reporters Thursday.

U.S. President Donald Trump signed new executive orders on Tuesday ramping up retaliation after Canada imposed its latest set of duties on the United States.

The five orders, which will take effect later this month, will completely bar the import of certain Canadian goods, including motorcycles, some dairy products and alcoholic beverages.

It comes after Ottawa’s tariffs — a response to the 50 per cent duties Washington hit Canada with last month — took effect.

“The total New Brunswick export value affected by the newly imposed Section 338 tariffs and bans is roughly $115.1 million. This represents 0.7 per cent of the province’s total exports in 2025, or 0.8 per cent of U.S.-bound exports,” reads a news release from the New Brunswick government.

Holt plans to harness the province’s purchasing power to support local products and businesses.

“We can’t control what Trump does. But we can control what we do here at home,” said Holt in the release. “New Brunswick makes great products. We make great beer. We have businesses here that employ hundreds of New Brunswickers in good-paying jobs, and they deserve our support.”

The province’s new measures include:

To help businesses navigate the impact of U.S. tariffs, New Brunswick is expanding programs for companies looking to enter new markets, providing access to supports such as:

The province is directing New Brunswick companies seeking tariff-related support to contact Opportunities NB’s business navigators by calling 1-833-799-7966.

Holt says the province is expanding into new markets such as Belgium, the Netherlands and Japan, and has two upcoming trade missions to South Korea and Cambodia.

In addition, the province says the Department of Agriculture, Aquaculture and Fisheries will increase trade promotion efforts in Europe and Asia.

“Now more than ever, we need to stand up for New Brunswick businesses and workers,” said Holt. “Every time we have a choice to support a New Brunswick or Canadian product, we should take a hard look at that choice. Our businesses employ our neighbours, support our communities and strengthen our economy.”

‘Proud of what we make here’

The latest measures build on the province’s response to tariffs implemented in February 2025.

“The value of U.S. contracts has been reduced from $34.4 million in the 2024-25 fiscal year to $16.4 million for the 2025-26 fiscal year. This is a reduction from 1.4 per cent to 0.7 per cent of the total value of the roughly $2 billion in government contracts awarded each year,” reads the release.

“New Brunswick companies received 82 per cent of the value of all government contracts in the first quarter of this fiscal year, exceeding the target of 80 per cent.”

The province plans to continue to work with its federal, provincial and territorial partners and says it will assess additional measures that can protect New Brunswick businesses and workers.

“New Brunswickers are proud of what we make here,” said Holt in the release. “We’re going to put our own products first, support our own businesses and make sure New Brunswick continues to be a place where people can build a good life.”

For more New Brunswick news, visit our dedicated provincial page.