US Tariffs Cast a Shadow Over Canada's Economy

The Canadian Federation of Independent Business (CFIB) has expressed concerns that the ripple effects from US tariffs could sour Canada's economy.

Ryan Mallough, Vice President of Legislative Affairs at CFIB, shared how small businesses are reacting to delays in Trump's latest tariffs. According to Mallough, the delays have caused uncertainty and frustration among Canadian manufacturers who rely on imports from the US.

The CFIB has been monitoring the impact of US tariffs on Canada's economy, with a focus on small and medium-sized enterprises (SMEs). While the exact effects are still being studied, experts believe that further escalation could lead to increased costs for businesses and consumers alike.