Diversifying Trade Relationships:  Helping New Brunswick businesses manage risks and access more working capital
 

Considering the strained trade relationship with the United States, many companies in New Brunswick will be seeking to diversify their import and export trade relationships. Any change in trade relations will present new challenges and risks. Whether working with a supplier in another Canadian province, or selling products in another country, there will be some common concerns:

• How do I know this trade partner is credit worthy?
• How do they ensure clarity of payment terms?
• How do you manage currency risk?
• What can you do to negotiate favorable trade terms that allow them to manage their working capital needs?
• How do they access more working capital through their bank to support the changes in their business?
• What are the government resources available to help New Brunswick businesses deal with the impact of Tariffs?

To answer these questions, TD Commercial Banking, Export Development Canada, and Opportunities New Brunswick, will present on Trade Finance solutions and new government programs for New Brunswick based companies.