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Container Cargo ship and Cargo plane with working crane

Six-month tariff holiday for U.S. imported goods used in Canadian manufacturing also announced

Manufacturing

Gains in sales of primary metals and chemicals offset petroleum decline

Manufacturing

Positive figures cover period ahead of the escalating trade war with the U.S.

  • By: IE Staff
  • March 14, 2025 March 14, 2025
  • 11:32
Volatility likely to impact client portfolios in wake of Trump election victory

Newfound focus on bilateral trade may reshape global practices

Little bumps

Wholesale sales dropped 0.2% to $83.6 billion in December; wholesale sales were down 0.8%

Manufacturing

However, in constant dollars, overall manufacturing sales fell 0.8%

Economic fallout would weigh on banks' credit quality, driving loan losses

Crumbling bank

Exercise will examine turmoil driven by geopolitics, trade uncertainty

Parcels on conveyor belt in a warehouse

Ontario, Quebec manufacturing, Alberta energy most exposed, rating agencies say

Steel worker on CNC plasma cutter machine

The outlook for Canadian trade this year is cloudy amid tariff threats: TD economist