Inoted three headlines this week

One was ‘The worst is behind us,’ referring to the effect of Trumps’ tariffs on Canada’s economy.

Economists at the Canadian Chamber of Commerce paint a rosy picture based on sales and exports.

Their business data lab crunched the numbers largely based on exports, while acknowledging some spikes in unemployment. The numbers looked at cities most vulnerable due to exports and dependence on the U.S.

But the University of Toronto looked at the wider tariff effects – labour markets, regional diversity, supply chains – to measure vulnerability. The results were startling-not only small towns of 20,000 as expected but even big cities like Toronto and Montreal. These cities have a surprising number of small manufacturers using steel and aluminum, and hundreds

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