Reported 3 days ago
Recent polling indicates that Canadians are increasingly pessimistic about their economy, with the Bloomberg Nanos Confidence Index dropping to its lowest point since November 2023. The decline is attributed to fears over potential tariffs from the new U.S. administration, particularly as Canada's economy heavily relies on trade with the United States. With 60% of respondents anticipating a weaker economy in the coming months, concerns are mounting about the impact of tariffs on Canadian exports and overall economic growth.
Source: YAHOO