Tariffs Weigh on Ontario’s Economy as Manufacturing Sector Sheds Jobs

Ontario sheds manufacturing jobs as tariff impacts surface, report says

Ontario's economy has recently started to feel the impact of American tariffs, losing nearly 40,000 jobs in the second quarter of 2025, according to a new report from the province's financial watchdog.

Ontario loses 38,000 jobs as U.S. tariffs hit manufacturing sector

A new report published by the Financial Accountability Officer of Ontario found employment had dropped by 38,000 jobs in the province during the second quarter of the year.

Tariffs weigh on Ontario’s economy as manufacturing sector sheds jobs

Drop of 3.5% was the sharpest quarterly job loss in the sector since 2009, except for the COVID-19 pandemic, according to the report

Ontario sheds manufacturing jobs as tariff impacts felt, report says – 105.9 The Region

TORONTO — Ontario’s financial watchdog says the province’s economy has recently started to feel the impact of American tariffs, shedding 38,000 jobs. Financial accountability officer Jeffrey Novak says in a report today that economic indicators for the second quarter of 2025 are mostly negative. Employment, in particular, took a hit with most of the job losses felt in the manufacturing sector. The unemployment rate rose for a ninth consecutive q…