What's changing
Ottawa and Washington have been trading tariff moves, with some duties added and others rolled back. Economists say that when it all nets out, the big picture impact on Canada's economy should be modest, close to a wash.
Not everyone escapes unscathed
That national-level calm masks real pain in specific industries directly hit by the new tariffs, where jobs and margins are on the line even if the broader GDP numbers hold steady.
The bigger worry: confidence
Economists point to a quieter cost: the ongoing tit-for-tat is making business owners more cautious about investment and hiring, since nobody knows what the trade relationship looks like next month.
Source: CBC News
