Will tariffs plunge Canada into a recession?

The ripple effects of Trump’s tariffs compound Canada’s continuing economic headwinds

The tariffs imposed on other countries are set to reverberate through the global economy, and Canada is far from immune. Read on

Will tariffs plunge Canada into a recession?

iStock.com/Just_Super Even though Canada recently escaped retaliatory tariffs from U.S. President Donald Trump, the Canadian economy likely won’t be able to avoid a recession, delegates heard last week at the Insurance Bureau of Canada’s Commercial Insurance Symposium. On Apr. 2, Trump signed an executive order imposing a 25% tariff on all cars manufactured outside the U.S. Automobiles under the United States-Mexico-Canada Agreement (USMCA) will…

Brace for impact: Early signs of a recession

By Dylan Marks and Anthony Lippa-Hardy With a recent rise in unemployment and markets such as the Toronto Stock Exchange (TSX) seeing a six-month low, the Canadian economy is expecting to face a “shallow recession” later in the year, according to TD’s long-term economic forecast. The forecast stated that Canada’s economic growth is projected to remain below-trend through 2025 and 2026 due to slower population growth and the dampening effects of …

Global supply chains: Navigating the ripple effects of the Trump tariffs

GLOBAL supply chains thrive on predictability – but tariffs create the opposite effect. When governments impose new trade barriers, costs shift, suppliers scramble, and entire industries must adapt in real time.

US President Trump's chaotic customs policy has triggered a global stock market quake that dominated last week and also Monday. ... The post Trump's Customs Poker: Long-term strategy or just a bluff? appeared first on Apollo News.

Canada Could See Long-Term Benefit from Trump Tariffs says Financial Advisor

A local financial advisor says U.S. President Donald Trump’s trade war will do long-term damage to the U.S. economy as countries, including Canada, start to form trade alliances that exclude the United States. Larry Short of Short Financial, a branch of iA Private Wealth, cites aluminum as an example of how Canada can benefit from punitive tariffs imposed by the U.S. He says the United States was previously the biggest market for Canadian alumin…