With the release of the federal budget, the Huron County Chamber of Commerce is looking at what it’ll mean for Huron County businesses.
The budget looked at encouraging private investment, improving productivity, boosting domestic supply chains and reducing economic dependence on the United States.
The chamber says for the county these priorities intersect with some the regions most important economic opportunities and challenges including agricultural production and processing, international trade, workforce shortages and rural infrastructure.
While some positives, the chamber also notes shortcomings including restrictions which could prevent small and rural businesses from benefiting from economic initiatives.
The biggest concern is that of the exclusion of several major industries from the proposed Canada Growth Incentive and continued barriers to access tariff relief programs.
More information is available here.