Manitoba businesses are facing a period of significant economic uncertainty, according to the latest survey by the Manitoba Chambers of Commerce (MCC). The 2025 Manitoba Business Outlook Survey, released Tuesday, highlights concerns among business owners regarding trade disruptions, tariffs, and shifting global trade dynamics. Eighty percent of those surveyed expressed worry about these factors impacting their operations over the next year.
Chuck Davidson, President and CEO of the MCC, stated that businesses are finding it harder to plan for the future amidst sustained uncertainty. The survey indicates that nearly two-thirds of businesses (62%) have already felt the negative effects of U. S. trade tensions and tariffs. These concerns are particularly acute outside of Winnipeg, where almost 90% of businesses in rural Manitoba are worried about trade disruptions, compared to approximately 75% in Winnipeg.
The top concerns for Manitoba businesses include rising operating costs, followed by government taxes and regulations. Finding skilled labour remains a persistent challenge, with many employers reporting no improvement in the last two years. This is leading to increased costs for businesses as they offer incentives and higher salaries to attract and retain employees. The MCC survey underscores the need for policies that support market diversification and create a resilient economy for Manitoba.
