Almost two-thirds of Canadian businesses are affected by the 10 per cent tariffs on China, according to KPMG research. More than half of the 250 business leaders in Canada surveyed by the consultancy said they’re working on moving production out of China. (The Logic)

Talking point: KPMG practitioners suggest building more “resiliency” into their supply chain.  And 88 per cent of businesses in Canada are thinking of diverting, or have already diverted, products to countries that don’t have tariffs, the survey found. Some have already taken pre-emptive measures, with almost two-thirds shipping goods to the U.S. before Trump came into office. “The uncertainty caused by potential tariffs on Canadian goods and newly-imposed tariffs on China has made it very difficult for Canadian companies to plan, operate and stay competitive,” said Alain Sawaya, head of KPMG’s Canada supply chain practice, in a release.