Home  »  One Region. One Economy. Addressing a Collective Challenge. | Une région. Une économie. Faire face à un défi commun.

One Region. One Economy. Addressing a Collective Challenge. | Une région. Une économie. Faire face à un défi commun.

On August 26, 2026, Invest Ottawa acknowledged the challenges posed to Canadian businesses by recently announced U.S. tariffs, which are set to impact various sectors differently—from local businesses to advanced manufacturers and technology companies facing intricate global supply chains. The pressure and uncertainty resulting from these tariffs are undeniable.

Nevertheless, the Capital Region of Canada is characterized by resilient and innovative entrepreneurs who consistently deliver high-quality products, solve complex problems, and create jobs while competing globally with integrity and ingenuity. This strong reputation becomes particularly vital during uncertain times.

In response to these challenges, Ottawa and Gatineau have entered into a new Economic Cooperation Agreement, emphasizing their interconnected economy despite being two cities in different provinces. Mayor Mark Sutcliffe highlighted that this agreement reflects their commitment to collaboratively attracting investment, creating job opportunities, and fostering a resilient National Capital Region.

Sonya Shorey, President and CEO of Invest Ottawa, expressed pride in translating this commitment into actionable steps that generate economic opportunities, jobs, and positive impact for the local community. Invest Ottawa supports businesses by helping them diversify, reach new markets, and enhance resilience through various programs and advisory services. They facilitate connections among founders and provide resources through events like GCXpo and Small Business Week, which are crucial for knowledge sharing and partnership building during tumultuous times.

The ability of the local business community to adapt and innovate has historically allowed them to overcome economic disruptions. Invest Ottawa remains committed to supporting entrepreneurs and businesses as they navigate these challenges. They aim to work collaboratively with industry, government, and regional partners to identify areas of greatest need and resource opportunities for growth.

The initiative also stresses the importance of collective action within the community. By promoting local purchasing, supporting Canadian businesses, and strengthening innovation networks, the community can help its businesses thrive. Small acts of support can accumulate to create significant positive changes.

Trust, talent, and resilience stand out as some of Canada’s greatest competitive advantages—qualities that have been built over decades and cannot be diminished by tariffs. The message from Invest Ottawa is clear: the Ottawa-Gatineau business community will continue to innovate, compete, and succeed on a global scale.

In summary, despite the significant challenges posed by U.S. tariffs, Ottawa and Gatineau's collaboration through the Economic Cooperation Agreement marks a proactive step towards sustained economic resilience. Invest Ottawa will persist in its mission to support local entrepreneurs and businesses, facilitating crucial connections and actions that enable collective growth and impact across the region.



Invest Ottawa
https://investottawa.ca
Invest Ottawa, is Ottawa’s leading economic development agency for fostering the advancement of the region's globally competitive knowledge-based institutions and industries. Invest Ottawa delivers its economic development services through a unique partnership with the City of Ottawa, where the City and Invest Ottawa, through its members set the strategy and manage the programs that move Ottawa’s economy forward. Invest Ottawa is a non-profit, partnership organization that operates on an annual budget that comes from a variety of sources including: municipal, federal and provincial government; membership fees; professional development programs; and private sector contributions.

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