‘We’ll work our way through this’: How Canadians can stay positive amid Trump tariffs
Global News
As Canadians brace for the impact of U.S. tariffs, Nova Scotia business expert Ed McHugh urged people to stay positive and focus on the future.
As Nova Scotians braced for the impact of U.S. tariffs, which took effect at midnight Tuesday, business expert Ed McHugh urged people to stay positive and focus on the future.
“When you have a big issue like this, it feels like the world is falling apart and it’s a bit of a scary day,” McHugh said. “We’ll work our way through this somehow.”
McHugh was a business professor at Nova Scotia Community College for 25 years. He continues to teach at several universities in the Halifax Regional Municipality.
“There will be some short-term pain, there’ll be some unemployment, there will be some inflation and of course, the stock markets have taken a bit of a hit,” McHugh said. “We just got to stay focused on the future, stay focused on the positive, we still live in a free and great country.”
McHugh believes that addressing interprovincial trade barriers is a positive outcome of the U.S. tariffs.
“They’ve kept prices of some products artificially high because of supply and demand,” McHugh said. “It’s a good move to get rid of those interprovincial barriers and see where it takes us.”
He said about one in 11 jobs will be affected and the province will feel the impact, but ensures Nova Scotia will recover and the situation will be back under control eventually.
His advice for battling a negative mindset in the meantime is to redirect the focus elsewhere.
As they face already low grain prices, Canadian and U.S. farmers are bracing for an increase in the cost of fertilizer amid President Donald Trump's trade war.
The size of pre-approved designs released on Friday range from additional dwelling units (ADUs) of 50 square feet to three-bedroom sixplexes of 739 square feet
The RCMP says officers kept the family on the phone while tracking their coordinates by GPS and by following their footsteps in the snow.
Labour Minister Steve MacKinnon announced new 'temporary work-sharing measures' that will go into effect Friday to mitigate the impacts of the U.S. trade war.
The U.S. defence secretary had given the military until Wednesday to remove content that highlights diversity efforts in its ranks following Trump’s executive order.
The locations are also the centre of the industry's new Cineventure Campaign, which guides visitors to locations where their favourite series and movies were shot.
A 43-year-old Ontario man is charged after falsely accusing his partner of impaired driving, with police discovering he was the one driving under the influence.
Tens of thousands of music fans flock to Birds Hill Park each summer for the Winnipeg Folk Festival, but this year's a special one for the local event — its 50th anniversary.
February was the first full month since the inauguration of Donald Trump, a period which has seen great uncertainty on the Canada-U.S. trade relationship.
A federal judge has dismissed a legal challenge of Justin Trudeau's move to prorogue Parliament, concluding the prime minister did not exceed the bounds of his authority.
J.P. Cormier, Nova Scotia musician, cuts ties with the U.S. over Trump's tariffs, emphasizing the importance of Canadian solidarity.
The Supreme Court of Canada is set to release its decision today about third-party election advertising rules in Ontario that limit spending.
A combination of anger over U.S. President Donald Trump's tariff and annexation threats and a weak Canadian dollar have Canadian tourists avoiding the U.S.