Vernon Chamber calls for Parliament to resume amid tariff threats
The Greater Vernon Chamber of Commerce has expressed concern with the impacts potential U.S. tariffs would have on the locally and wants the Federal Government to take action.
A letter from the Chamber shared with Vernon Matters and other local media outlets, stated the possible 25 per cent tariff the United States may impose on all Canadian imports could harm the local economy and employment opportunities.
“Two key local businesses in Vernon stand to face severe repercussions if these tariffs are implemented. One large manufacturer, employing over 100 people, derives 75 per cent of its revenue from exports to the United States. Similarly, another major local employer sells 40 per cent of its products south of the border,” Kirndeep Nahal, President of the Greater Vernon Chamber of Commerce, said in the letter.
“These companies are vital to our local economy, providing jobs and contributing to the overall prosperity of our region. The proposed tariffs threaten their operations, with potential ripple effects likely to be felt cross their supply chains, employees, and the broader community.”