Uncertainty around the 'tariff war': AQT mobilized for the tech sector

As the threat of imposed tariffs creates a wave of uncertainty for our economy, AQT is taking a proactive stance. Our goal is to defend and promote the interests of technology companies that actively contribute to economic development, business modernization, and the support of numerous strategic sectors.

A Direct Impact on Tech Companies
The potential imposition of new U.S. tariffs could weaken Quebec’s technology companies.

• 73% of tech companies export outside Quebec. 

• 70% of exporters' sales are destined for the United States.

• 42% of tech companies serve the manufacturing sector, which is highly sensitive to tariffs.

Beyond companies that sell directly on international markets, these drastic new measures could impact the entire Quebec tech ecosystem. This includes businesses that provide solutions to the manufacturing and industrial sectors, which are expected to be among the first affected by this potential new reality.

As the voice of Quebec’s digital technology industry, AQT’s role is to take part in ongoing discussions, highlight the unique reality of tech companies, mitigate the anticipated impact of these tariff increases, preserve investments, sustain growth, and strengthen supply chains. All of this is essential to ensuring Quebec’s long-term competitiveness.

Investing in Innovation to Offset Tariff Effects 
In the face of this challenge, it is crucial to implement concrete strategies to safeguard the vitality of the technology sector.

• Boost productivity: Support automation and process optimization to absorb rising costs

• Accelerate digital transformation: Drive the adoption of innovative solutions to enhance efficiency and resilience.

• Diversify export markets: Reduce reliance on the U.S. market by exploring new international opportunities.

Quebec’s tech sector must be at the heart of the economic strategies our governments develop to ensure the competitiveness of all affected businesses. AQT is actively working in this direction.

Strengthening Our Actions to Support the Tech Sector 
AQT is mobilizing to ensure that tech companies are not overlooked in this turbulent period and that their specific needs are recognized by policymakers currently evaluating their response.

The Quebec government must plan targeted support measures to protect the technology sector. We will continue our efforts to ensure that concrete actions are considered to assist companies that may be affected.