The Canadian Federation of Independent Business says small business confidence dropped to an all-time low in March as the trade war with the U.S. ramped up.
It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days because of Trump’s on -and- off -again tariffs.
As tariffs rise and trade tensions escalate, many Canadians may be left wondering how their finances, job security and retirement plans could be affected by economic uncertainty.
CAPP said diversify exports into Asia and Europe would promote long-term stability, and securing Ontario and Quebec's energy supply must be a national priority.
Trump’s announcement dashed hopes on Wall Street that he would choose a less painful path for global trade, and followed the latest warning signal on the U.S. economy’s strength.
Trump’s announcement dashed hopes on Wall Street that he would choose a less painful path for global trade, and followed the latest warning signal on the U.S. economy’s strength.
Experts say getting Canada's defence spending to two per cent of GDP is not as simple as moving money around and will require multiple measures and years of planning.