B.C. businesses say they are closely monitoring the situation between Canada and India amid ongoing tensions.
“We are very optimistic, hoping that things will be okay,” said Vivek Savkur, founder and president of India Business Network . However, political tension and uncertainty have resulted in the postponement of planned business visits between B.C. and India, according to Anita Huberman, CEO and president of Surrey Board of Trade.
A delegation from India the SBOT was expecting to receive in mid-October has postponed their trip, she said. “If we want to ship goods to India, or if India wants to ship goods to Canada, are there going to be tariffs or additional taxes? What about the partnerships we've already made on the ground in India to leverage opportunities for local businesses? How is that going to be impacted? All of those questions were asked and we're watching this day by day,” said Huberman.