Canadian businesses, politicians, and consumers are bracing for additional tariffs from the U.S. as President Donald Trump undertakes the next phase of his “America First” trade agenda.
Canadian provinces are selling more bonds to cope with the prospect of bigger deficits caused by the tariffs.
The federal government is offering financial support to small and medium-sized businesses through low-interest rate loan guarantees.
The Canadian economy showed no growth in February, leading to concerns of a potential recession amidst a trade war with the U.S.