home All News open_in_new Full Article

Ontario expected to fall into recession this year as a result of U.S. tariffs

There's been a lot of talk about a forthcoming recession in Canada since Wells Fargo forecasted that the nation will "enter a technical recession this year," but anyone who's been staying abreast of our languishing economic trajectory is well aware that we've already been in a per-capita recession for many months.With unemployment continuing to rise alongside the cost of living, the U.S. slapping tariffs on Canadian imports has come at possibly the worst time, and will be a key factor edging us into recession proper.Of course, some industries and geographical areas will feel the effects more than others, depending on how things end up playing out in the hands of a flip-floppy President Trump. But when it comes to Ontario specifically, one new report sheds light on what Canada's most populous province can expect economically.Coming from the desk of the Financial Accountability Office of Ontario, the docu...


today 6 h. ago attach_file Economics

attach_file Economics
attach_file Events
attach_file Economics
attach_file Economics
attach_file Politics
attach_file Economics
attach_file Economics
attach_file Economics
attach_file Other
attach_file Economics
attach_file Transport
attach_file Economics
attach_file Events
attach_file Culture
attach_file Other
attach_file Economics
attach_file Economics
attach_file Society
attach_file Other
attach_file Economics


ID: 528240325
Add Watch Country

arrow_drop_down