Trump’s Proposed 25% Tariffs on Canadian Goods – What It Means for Businesses

The recent announcement by President Donald Trump of a 25% tariff on all Canadian imports has sent shockwaves through the business community. This policy, aimed at addressing border security concerns and trade imbalances, could have significant repercussions for Canadian exporters and U.S. businesses reliant on Canadian goods. With Canada sending approximately 75% of its total…

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The Role of Tariffs in Global Trade: Why They Exist and How They Shape Economies

Tariffs are one of the most debated tools in international trade policy, influencing everything from government revenue to consumer prices and global trade relationships. For Canadian businesses engaged in cross-border trade, understanding tariffs is crucial to navigating economic shifts and ensuring long-term stability. In this article, we’ll break down what tariffs are, why governments use…

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Gross Profit vs. Net Profit: A Deep Dive into Measuring Business Success

Understanding gross profit and net profit is not just about knowing your numbers—it’s about unlocking the full potential of your business. These two metrics reveal the story of your company’s financial health, operational efficiency, and long-term viability. At Prime Capital, we’ve seen firsthand how mastering these concepts can be the difference between surviving and thriving.…

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