Bullbit
Macro Economy
On Canada's tariff frontline, business stalls over US trade deal jitters
- What: Canada's trade deal with the US remains uncertain, causing business stalls on the tariff frontline.
- Why: Companies are hesitant to invest due to ongoing trade tensions and potential retaliatory measures.
- Signal: The Canadian government has signaled a willingness to negotiate, but a breakthrough appears elusive.
- Target: Business leaders are targeting a comprehensive trade agreement by the end of **2026**.
- Risk: Failure to reach a deal could lead to a **10%** decline in Canadian exports to the US.