Karsten Wenzlaff, Advisor
August 26th, 2025
NCFA | March 4, 2025

Image: Freepik
In the face of economic uncertainty and the challenges posed by tariffs and trade tensions, Canadian businesses must adapt, innovate, and strengthen their resilience. The National Crowdfunding & Fintech Association (NCFA) is committed to equipping entrepreneurs, small businesses, industry leaders and individuals with the tools, strategies, and insights to build and improve resiliency and competitiveness.
This resource hub provides access to expert guides, financial strategies, actionable frameworks and insights to help you stay competitive and sustainable. Whether you need support in managing cash flow, re-evaluating supply chains, or understanding new trade regulations, our curated growing list of select resources to keep you informed and prepared.
This guide is packed with practical steps to help small and medium-sized businesses in Canada deal with the impact of tariffs and trade uncertainty. It covers ways to manage cash flow, adjust pricing, strengthen supply chains, and improve operations to stay competitive. The strategies are designed to be easy to apply and cost-effective, helping businesses adapt and thrive in a changing trade environment.
🔷Source: TRBOT World Trade Centre
📖 Length: 32 pages
🔗Download Here: Weathering the Storm Guide (32 pages)
This report looks at the challenges holding back Canada’s economy and lays out steps to boost competitiveness. It focuses on improving tax policies, expanding trade beyond the U.S., and making smart investments in infrastructure and talent. The goal is to help businesses and policymakers create a stronger, more resilient economy for the future.
🔷Source: Toronto Region Board of Trade
📖 Length: 12 pages
🔗Download Here: Complacency to Competitiveness Report
This guide explains four key ways businesses can deal with tariffs and trade restrictions. It walks through how to figure out where your company might be affected, how to adjust your pricing, and how to change your supply chain if needed. It also looks at the bigger picture, including how tariffs could impact your suppliers and what to do to stay ahead of competitors who might be facing the same issues.
🔷 Source: Oliver Wyman
📖 Length: 5-minute read
🔗 Read Here: Four Ways to Navigate Tariffs and Trade Policies
Many businesses struggle with the high costs and complex processes of international trade. This article introduces six fintech companies that are creating digital solutions to make trade easier. These companies help businesses track payments, manage their cash flow, and reduce paperwork when trading across borders. Some of them are also working with banks to make financing more accessible for small and medium-sized businesses that need better payment options for global trade.
🔷 Source: Trade Finance Global
📖 Length: 7-minute read
🔗 Read Here: 6 Interesting Trade Finance Fintechs and What They Are Doing
This resource center is designed for businesses that need current information on tariffs and trade policies. It includes reports, analysis, and guides on how businesses can adjust their pricing, find new suppliers, and reduce risks from tariffs. It also provides insights into how different industries are being affected by changing trade rules, so businesses can prepare for what’s ahead.
🔷 Source: PwC
📖 Length: Various articles available
🔗 Explore Here: Tariffs and Trade Policy Resource Centre
Fintech businesses looking to expand into international markets can access a range of helpful tools and guides. FintechCanada.io resource hub provides information on how to successfully enter new markets, navigate regulations, and grow a business beyond Canada. It includes insights from experts, case studies from companies that have expanded globally, and the latest news on international fintech trends. The platform also offers detailed overviews of key global fintech markets, such as the United Kingdom, helping businesses understand where and how to expand.
🔷 Source: FintechCanada.io
📖 Length: Multiple articles and reports
🔗 Explore Here: Export Resources for Canadian Fintechs
Businesses looking to expand into international markets can access a range of tools and guides to help them navigate the exporting process. BDC's export resource hub includes step-by-step guides, financing options, and tools to calculate costs and manage risks. It covers key topics like how to create an export plan, understand trade regulations, and find new opportunities in global markets. Businesses can also access tools like the Canada Tariff Finder to estimate costs and a checklist to ensure they are ready to start exporting.
🔷 Source: Business Development Bank of Canada (BDC)
📖 Length: Multiple guides and tools
🔗 Explore Here: BDC Exporting Resources
This toolkit helps businesses understand how financial technology (fintech) can make international trade easier. It explains how fintech solutions can simplify processes like finding new markets, checking overseas partners, calculating import taxes, and reducing risks in global trade. The toolkit offers resources and fintech options tailored to different stages of a business's export journey. It also discusses new trends in global trade finance and what they mean for businesses aiming to grow internationally.
🔷 Source: Confederation of British Industry (CBI)
📖 Length: Approximately 2-minute read
🔗 Access Here: Toolkit: Trading Internationally and Winning with Fintech
The Trade Commissioner Service (TCS) offers assistance to Canadian businesses dealing with recent U.S. tariffs, which include a 10% duty on energy products and a 25% duty on other goods from Canada. The TCS provides support in understanding the impact of these tariffs, identifying new markets, and connecting with relevant contacts to address challenges. Additionally, they offer resources for export diversification and self-serve tools to help businesses navigate these disruptions. The Government of Canada has also implemented a remission framework to support affected businesses and workers.
🔷 Source: Trade Commissioner Service (TCS)
📖 Length: Approximately 5-minute read
🔗 Access Here: Supporting Canadian Exporters Through U.S. Tariff Challenges
This article explains why Canadian businesses should protect their ideas, brands, and inventions, especially with possible U.S. tariffs. It recommends that companies review their intellectual property (IP) to see what needs protection and secure patents not just in Canada, but also in the U.S. and other countries. Doing this helps businesses stay competitive even when trade rules change. It also covers the benefits of registering trademarks internationally through systems like the Madrid Protocol, which makes it easier to protect brands in multiple countries.
🔷 Source: Gowling WLG
📖 Length: Approximately 5-minute read
🔗 Access Here: Tariff-Proofing Canadian Business: The Role of Intellectual Property
# # #
This is a growing list. Be sure to check again in the future if looking for helpful resources!
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
![]() | ![]() | ![]() |
|---|---|---|
![]() | ![]() | ![]() |
Economy | March 4, 2025

Image: Freepik/brgfx
Canada is on the front line of a global trade war unfolding, triggered by U.S. President Donald Trump. On March 4, 2025, the U.S. imposed 25% tariffs on all Canadian imports and a 10% tariff on energy, and in response, Canada fired back with $155 billion in retaliatory tariffs on U.S. goods, targeting key industries like agriculture, manufacturing, and consumer products, with the first $30 billion in retaliatory tariffs being applied immediately and the remainder $125 billion in 21 days. Markets reacted swiftly on the news with the Canadian dollar dropping to it's lowest point in five years, USD/CAD currently trading at 1.45 per tradingview. The S&P dropped 1.5%, erasing post-elections gains as financial markets and investors brace for longer term, volatile economic uncertainty.
Justin Trudeau, Prime Minister of Canada issued this official statement:
“Today, after a 30-day pause, the United States administration has decided to proceed with imposing 25 per cent tariffs on Canadian exports and 10 per cent tariffs on Canadian energy. Let me be unequivocally clear – there is no justification for these actions."
Trudeau said speaking to reporters on Parliament Hill:
"[Trump is trying to prompt] a total collapse of the Canadian economy [because he thinks that will] make it easier to annex us" [something the U.S. president has repeatedly said he wants to do. But Trudeau said that will never happen because] when it comes to defending our great nation, there is no price we all aren't willing to pay."
Fintech companies need to adapt to the new realities that will impact lending, payments, investment trends, regulatory frameworks and overall economic sentiment, especially if the trade war is prolonged and more of a structural change than a short-term trading spat. Companies that adapt quickly will be in a better position than those who don't. Catch up here: Tariff Trade War Hits Canada – What’s Happening | 30 day pause
This isn't just about a U.S.-Canada trade argument. The U.S. has also escalated disputes with other key partners. China is now facing higher tariffs on tech and electronics, so Beijing is retaliating with restrictions on rare earth minerals essential for semiconductors. Mexico is preparing countermeasures after the U.S. raised tariffs on steel and auto parts.
In response to potential U.S. tariffs on European goods, the European Union has proposed reducing its 10% tariff on U.S. car imports to a rate closer to the U.S.'s 2.5% tariff on European cars. This move aims to avert a trade conflict and balance trade relations between the two economies. Also, the EU is considering using its Anti-Coercion Instrument (ACI) to retaliate against potential U.S. tariffs, which could impact major U.S. tech and financial companies operating in Europe.
With multiple global economies reacting to rising trade tensions, the consequences and ripple affects will be felt far beyond just North America. Fintech firms operating globally should anticipate shifts in compliance costs, new regulations and investment strategies.
The drop in the Canadian dollar will make imports more expensive for Canadian firms and increase volatility in foreign exchange markets. Fintech companies specializing in FX and cross-border payments will likely see increased demand as businesses look for more cost effective ways to make global payments and hedge against currency swings and gaps.
While stock markets are roiling, financial stocks have taken a hit, such as Goldman Sachs falling by 4.6% and JPMorgan Chase by 3.5% as investors adjust to reassessed economic risks. It's anticipated that wealthtechs and robo advisory services like Wealthsimple could see an uptick in demand for automated risk management strategies and trade portfolios.
Royal Bank of Canada CEO Dave McKay has warned that tariffs are already slowing economic growth, hurting business confidence, and dampening consumer spending. He also called out early signs of a slowdown in housing and both companies and individuals brace budgets for higher costs.
In the near to mid-term, the volatility in currency markets, investor uncertainty, and rising costs for businesses and consumers will dominate immediate reactions. Some companies will try to absorb higher costs while most will pass increased costs onto consumers which will raise inflationary pressures. Fintech companies dealing in trade finance and international payments and any cross-border transactions needs to monitor for regulatory changes. Incentives may be on the table for targeted sectors to help them through tough times and diversify to new markets and supply chains.
Longer term, if inflation rises as expected, the Bank of Canada could be forced to raise interest rates, making borrowing more expensive for businesses and consumers. Canadian businesses should migrate supply chains away from the U.S., an opportunity for fintechs providing global solutions and alternative trade networks.
Smaller fintechs may struggle with stricter credit conditions, finding it harder and more expensive to raise capital, which could lead to larger players consolidating their market share. A prolonged trade war could result in an overhaul of financial regulations governing international payments and lending, as governments react to new trade realities.
Fintechs need to be proactive and stay on top of market trends and changes. Risk management is critical. Companies dealing with global transactions should monitor any changes to activity, capital flows and compliance changes. Fintechs dealing in foreign exchange and global payments could offer hedging tools to help companies manage currency fluctuations. Lenders should reassess credit exposure to sectors most affected by the trade war.
Companies should diversify to new markets urgently, and look for growth opportunities outside the U.S. by exporting and expanding into markets like Europe and Asia via agreements such as CETA and CPTPP. Look for partnerships in fintech friendly economies such as Singapore, Dubai, and London where trade tensions will be less impacted. Speak to your customers and partners and see how you can work together to mitigate risk and heightened costs. Opportunities for platforms offering lower cost fees, lending solutions with flexible capital, and digital finance tools to help track regulations and manage compliance.
The trade war will change global economic relationships. Companies will reassess supply chains, governments will restructure trade agreements, and financial markets will react to increased risk and uncertainty. Fintechs need to come to grips that this is a new economic reality that will require companies to be agile, innovative and manage risk in a forward thinking manner.
Now is the time to secure funding and expand into less volatile markets and strengthen partnerships while providing cost effective financial solutions. Opportunities always exist for companies that move quickly to capture new market share. There's also a major risk that companies that fail to adapt will be left behind. Is your fintech ready for the new economic paradigm?
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
![]() | ![]() | ![]() |
|---|---|---|
![]() | ![]() | ![]() |
Fintech Event | March 3, 2025

The Osaka Prefectural Government in collaboration with Osaka City is hosting the annual Osaka Finance Forum on Thursday, March 13, 2025, at GRAND FRONT OSAKA Umekita SHIP HALL from 4:00PM - 7:30PM (JST). The theme of the event this year will focus on developing highly skilled professionals in the financial sector, with participation from experts across academia and industry. By registering for this event, you will receive a digital recording.
The Osaka Finance Forum is a great opportunity for financial professionals, entrepreneurs, and investors looking to grow their business in Japan. Osaka has several programs that support foreign companies and skilled professionals:
Osaka is building its reputation as a major financial center, and this event works towards attracting and developing top talent and businesses to the region. With financial incentives, tax breaks, and business support programs, it’s a great opportunity for FinTech companies and investors to explore new possibilities in Japan’s financial market.
For more details, check out the event flyer.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
![]() | ![]() | ![]() |
|---|---|---|
![]() | ![]() | ![]() |
Canada | Feb 25, 2025

Copy/pasted from a shared LinkedIn post from Phillip Richardson at Black Opal Property Advisors.
We will never forget.
"
Being Canadian has never been about shouting the loudest. We don’t pound our chests or demand attention. We are sometimes like the quiet kid on the playground, just wanting to get along with others. We hold doors, say sorry even when it’s not our fault, and shovel our neighbour’s driveway just because it’s the right thing to do. We believe in fairness, decency, and looking out for one another.
We are the world’s greatest neighbour… and yes, our spelling is the correct one. We show up. In the words of our Prime Minister on Saturday night, “from the beaches of Normandy to the mountains of the Korean Peninsula, from the fields of Flanders to the streets of Kandahar, we have fought and died alongside you during your darkest hours. During the summer of 2005, when Hurricane Katrina ravaged your great city of New Orleans, or mere weeks ago, when we sent water bombers to tackle the wildfires in California, and during the day the world stood still — Sept. 11, 2001 — when we provided refuge to stranded passengers and planes, we were always there, standing with you”.
And yet, here we are – watching your president, a man who built his legacy on bullying, turn his sights on us. He mocks us, belittles us, and treats us like some inconvenience rather than the ally who has stood by you through thick and thin.
It’s easy to mistake our politeness for passivity, or our kindness for weakness. But here’s the thing about the quiet kid on the playground: push that kid far enough, and that kid pushes back.
Canada has never needed to boast about its strength. We just prove it. On battlefields. In boardrooms. On the ice. So, if you think you can push us around and take us for granted – think again. You think we will become your “cherished 51st state” – think again. Underestimate us… that will be fun. Because the quiet kid? The quiet kid remembers. And when the quiet kid finally stands up, the whole playground takes notice.
Now we are pissed.
Sincerely,
Canada"
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
![]() | ![]() | ![]() |
|---|---|---|
![]() | ![]() | ![]() |