Navigating Uncertainty: Burlington’s Response to Tariffs and Economic Pressures

While the uncertainty from the United States continues, council and I remain committed to supporting Burlington businesses in any way we can.

On Friday, May 9, the City of Burlington’s Tariff Task Force met for the third time to address critical economic challenges affecting our community. The agenda included timely updates, insights from industry leaders, and in-depth discussions on the ongoing impact of tariffs on our city and regional economy.

A key topic of discussion was the Committee of the Whole report on interest free deferrals of property tax payments. Although staff were recommending not to proceed with deferrals, our task force membership shared that businesses would appreciate if council supported the alternative option presented by staff – an Industrial Property Tax Class Deferral for six months. Council supported this option, reflecting our continued commitment to supporting local businesses through these difficult economic times.

I also shared an update from the Auto Mayors Roundtable in Guelph, where we tackled urgent issues facing Ontario’s auto sector, particularly the effects of U.S. tariffs. The roundtable featured valuable contributions from industry experts including Flavio Volpe, Brian Kingston, and David Adams, who shared insights on navigating cross-border trade pressures. We were also joined by Premier Doug Ford and Minister of Municipal Affairs and Housing Rob Flack, whose engagement emphasized the importance of a unified approach to protecting jobs and supporting the future of the auto industry.

The Task Force also heard from Mike Collins-Williams of the West End Home Builders’ Association (WEHBA) and Jason Sheldon of the Building Industry and Land Development Association (BILD). Their briefing on the homebuilding sector highlighted how tariffs and economic uncertainty have created a dire situation. Their insights fueled a broader conversation about the role municipalities can play in easing these pressures.

These conversations set the stage for our upcoming Mayor’s Speaker Series, focused on the housing crisis—an issue that remains front and centre as we confront broader economic headwinds. Made possible by the Cornerstone Association of Realtors, this free public event is an opportunity for open dialogue and fresh thinking on one of our city’s most pressing issues.

Join me and Councillor Shawna Stolte, Deputy Mayor of Housing, on Sunday, May 26 from 6:00 PM to 8:30 PM (Trade show at 6-7pm, event at 7pm) at the Burlington Performing Arts Centre (Community Studio Theatre) for a panel discussion featuring industry experts. We’ll explore strategies to prioritize housing amidst shifting economic and trade realities, with an interactive Q&A session where your questions and ideas are welcome.

This is a free event, but registration is required. Don’t miss your chance to be part of the conversation and help shape the future of housing in Burlington.

Click here to REGISTER TODAY.