This week, Canada's economic landscape experienced notable jolts. Global expertise boosts tech startups, yet steep tariffs and rate cuts stir unease. Markets brace for rising costs and uncertainty as trade tensions intensify, urging caution among experts. Despite innovative strides, economic risks remain high in an evolving market.
Canadian tech startups are harnessing global expertise to boost innovation while the central bank is set to trim rates amid looming tariff concerns, reflecting a cautiously adaptive economic landscape.
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A 25% tariff on Canadian goods takes effect, triggering rising concerns over higher energy and heating costs in northern markets. Economic uncertainty grows as prices are expected to surge.
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The Bank of Canada cuts its rate to 3% amid tariff concerns and rising U.S. protectionism, leaving a mixed outlook as markets brace for cautious resilience.
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At the 2024 Defined Benefit Investment Forum, experts warned that rising U.S. tariffs and demographic slowdowns pose risks to Canada's economic stability, urging caution and strategic recalibration.
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A potential 25% tariff on exports risks a $275 billion GDP loss and 200,000 jobs, raising concerns about Canada's economic stability.
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US tariffs stress Canada's economy, raising fears over job losses and trade disruptions. Unions rally against perceived attacks, intensifying political debate.
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Canada imposed steep retaliatory tariffs targeting US trade, triggering a significant economic shock that deepens cross-border tension and shifts trade dynamics.
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