Tariffs could mean 160,000 lost jobs in second quarter, says Conference Board

The Conference Board of Canada estimates more than 160,000 jobs at risk in Canada with Trump's price threat.

Tariffs could mean 160,000 lost jobs in second quarter, says Conference Board

TORONTO — The Conference Board of Canada says U.S. tariff pressure will likely mean a sizeable hit to jobs and the economy in the quarter ahead.

The Canadian Chamber of Commerce said U.S. tariff pressure could deal a huge blow to Canada's employment and economy in the coming quarter.

Tariffs could lead to 160,000 job losses in Q2: Conference Board

Canadian economy could shrink 5.4% for the quarter The post Tariffs could lead to 160,000 job losses in Q2: Conference Board appeared first on Investment Executive.

Tariffs could lead to 160,000 job losses in second quarter: Conference Board %

iStock.com/axz66 TORONTO – Trade tensions with the U.S. will likely mean a painful next few months for workers and the economy but could be short-lived, the Conference Board of Canada said in its latest outlook. Canada could see some 160,000 people lose their job in the second quarter, pushing unemployment up to 7.3 per cent, while the economy could shrink at an annualized rate of 5.4 per cent in the quarter, the research group said in a five-ye…