Monthly Archive: November 2024

Getting Trumped

I’ve been sitting here asking myself just how the election of Donald Trump as president of the United States is good for Canada, and I’m having trouble finding a single reason. First off, Trump has promised to slap a 20 percent duty on all goods being imported into the U.S. Three-quarters of Canada’s trade is with the U.S. so that means higher prices and fewer sales of Canadian goods thereby resulting in a downturn in our economy that could lead to a recession here. This downturn will be further amplified by a stronger U.S. dollar that will mean a weaker...

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