Canada has quietly slipped into a modest recession—a technical downturn, not a collapse—triggered largely by escalating U.S. tariffs, global supply chain fragility, and years of economic overdependence on a single trading partner. GDP contracted by 0.1% in April and likely dipped again in...
As of August 1st, 2025, Canada entered a new era of economic confrontation with the United States. President Trump has imposed a sweeping 35% tariff on Canadian goods outside of CUSMA (also known as USMCA in the U.S.), triggering the worst trade turbulence in over a decade.
As of August 1st, 2025, Canada entered a new era of economic confrontation with the United States. President Trump has imposed a sweeping 35% tariff on Canadian goods outside of CUSMA (also known as USMCA in the U.S.), triggering the worst trade turbulence in over a decade.
Canada has quietly slipped into a modest recession—a technical downturn, not a collapse—triggered largely by escalating U.S. tariffs, global supply chain fragility, and years of economic overdependence on a single trading partner. GDP contracted by 0.1% in April and likely dipped again in...
For decades, the U.S. was the natural first stop for Canadian exporters. But today, that convenience has morphed into constraint.
With only 20 trade agreements—and friction in all of them—the U.S. market is increasingly hard to navigate.
