Trump terminates trade talks with Canada, U.S. tariffs creating turmoil in Canadian economy, say analysts

Guy Gellatly, chief economic adviser at Statistics Canada, said it’s 'too early' to determine whether Canada is approaching a recession, but it's had a 'very, very weak second quarter with big declines in trade and business development.'
Finance Minister François-Philippe Champagne will release the federal budget on Tuesday, Nov. 4, in the House of Commons.

United States President Donald Trump said trade talks with Canada were "terminated" on Oct. 23, after Ontario launched anti-tariff ads in America featuring the voice of former U.S. president Ronald Reagan, but even before that, Trump's tariffs against Canada have impacted th...

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