Stressed and Sidelined Homebuyers Start to Strain Canada Economy

Stressed and Sidelined Homebuyers Start to Strain Canada Economy

This spring was widely expected to be when the Canadian housing market finally perked up after nearly three years of weak sales. But then came US President Donald Trump’s tariff demands.

Despite Exemptions and Delays, Tariffs are Already Affecting Builders

Home builders have already started to feel the effects of U.S. tariff policy, according to recent NAHB member surveys. This is true even though the Administration did not announce its list of reciprocal tariffs until April 2nd, lumber along with USMCA-compliant imports from Canada and Mexico were exempt, and a week later the Administration enacted...

The US tariffs, although they have been suspended, are worsening the outlook. This comes at the worst possible time for Germany, as it has not yet managed to overcome the stagnation of recent years, according to a forecast from the Berlin Ministry of Economics.