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On April 2, 2025, the U.S. administration unveiled extensive reciprocal tariffs, impacting all trading partners, a move underpinned by the International Emergency Economic Powers Act of 1977. Effective April 5th, …
U.S. Liberation Day: Tariff Changes and Their Global Impact Read More
On April 3rd, President Trump declared a significant imposition of a 25% tariff on all imported passenger cars and light trucks, while those from Canada and Mexico adhering to the …
U.S. Imposes 25% Tariffs on Imported Vehicles and Parts Read More
Canada’s economy faces a turbulent future as inflation surged to 2.6% in February, an increase from 1.9% the previous month. This inflation spike follows the conclusion of the federal government’s …
Canada’s Economy at Risk: Inflation Soars Amid Looming Tariffs Read More
Recent forecasts from TD Economics indicate that Canada may be grappling with rising prices and a potential shallow recession this year. The latest consumer price index revealed a jump in …
Canada Set for Higher Inflation and Possible Shallow Recession Read More
Original Source: www.bnnbloomberg.ca An economist has raised alarms about the potential economic fallout from Donald Trump’s proposed tariffs on Canada, warning they could halt growth entirely. The plans include hefty …
Potential Economic Turmoil in Canada from Trump’s Proposed Tariffs Read More