Latest / Calgary News Today | 2 Min News | The Daily News Now!
Tariffs Threaten Canadian Businesses and Jobs | Calgary News
New U.S. tariffs have hit Canadian exports hard, sparking panic among business owners and economists alike. While the national GDP impact may seem modest—around half a percentage point—the real damage lies in chilling investment and slowing growth. Industries like electronics, plastics, and furniture in Ontario, Quebec, and B.C. are especially vulnerable, but even small exporters of honey or candles face existential threats, with up to 40% of independent U.S.-selling businesses affected. The ripple effect could cost tens of thousands of jobs, as uncertainty deters hiring and spending, turning…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.