The impact on Canada is not going to be catastrophic. Perhaps 50-80,000 jobs may be impacted. Unlike the USA which lost jobs in July, Canada added 75,000. Yes, some Canadian businesses may be negatively impacted, but most of these operations were already marginal or on the edge. It was going to happen eventually if the $CAD strength increased as was expected. There will be some economic pain, but the federal government has put into place financial support that will address it. It's the US which is sowing the seeds of its own financial problems. There will be a realignment of markets, a change that was long overdue. Hopefully, it reduces the influence of the US mega corportations and investment firms in the Canadian economy. Trump says that he doesn't need Canada. OK. Once the winter starts, and the Iran war fuel shortages start to be felt we'll see about that. Trump is already seeing a critical minerals shortage because of the China dispute. Sure, the tariffs on softwood have increased the cost of Canadian lumber exports. However, it is the US consumer who will be paying since US supply cannot meet the demand. Canadians don't need US agricultural produce. They already import large amounts from the ROW. It's not like US produce is any better than elsewhere. Don't under estimate the anger in a 40 million+ market that is the USA's largest export market. If you thought the Dylan Mulvaney inspired boycott of Budweiser was something, you aint seen nothing.
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