Monday
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Rising US tariffs and Canadian retaliation stoke economic strain as trade sectors and agriculture brace for slower growth, prompting government responses amid persistent market volatility.
Sources
Canadian, Economy
To recap week of Feb 3 – Feb 9, 2025
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This week, rising US tariffs and Canadian countermeasures intensified trade uncertainty, straining market confidence and sparking recession fears. Amid the turbulence, a notable surge in job creation offered a hopeful counterbalance to the economic strain.
Tuesday
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A 30-day tariff pause offers brief respite, yet economic worries persist as experts caution that looming U.S. measures may trigger a recession in Canada.
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Wednesday
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Tariff moves stir concerns as trade uncertainties strain Canadian commodity imports, hinting at higher prices and ripple effects in cross-border markets.
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Thursday
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Uncertainty clouds the Canadian economy as fluctuating U.S. trade conditions dampen business confidence. Trade shock speculations cast a pervasive shadow on markets.
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Friday
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Canada’s job market grew by 76,000 positions in January, lowering the unemployment rate and boosting business sentiment despite slower population growth.
Sources