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Canadian Economy · CanadaCanada's economy contracted in the second quarter by a much larger degree than anticipated on an annualized basis as U.S. tariffs squeezed exports, but higher household and government spending cushioned some of the impact, data showed on Friday.
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Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says
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Doug Ford · CanadaOntario’s economy has recently started to feel the impact of American tariffs, shedding 38,000 jobs in the second quarter of 2025, the province’s financial watchdog said Thursday in a report.See the Story
Ontario sheds manufacturing jobs as tariff impacts felt, report says
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