Tariffs Threaten Canadian Businesses and Jobs | Calgary News

New U.S. tariffs have hit Canadian exports hard, sparking panic among business owners and economists alike. While the national GDP impact may seem modest—around half a percentage point—the real damage lies in chilling investment and slowing growth. Industries like electronics, plastics, and furniture in Ontario, Quebec, and B.C. are especially vulnerable, but even small exporters of honey or candles face existential threats, with up to 40% of independent U.S.-selling businesses affected. The ripple effect could cost tens of thousands of jobs, as uncertainty deters hiring and spending, turning this trade dispute into a broader economic drag. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6f77ea5302337c61