Exports in a State of Flux
Canada’s export sector will continue to face challenges posed by protectionist measures until the trade conflict with the United States is resolved. Will Canadian consumers continue to move away from buying U.S. goods and services and travelling to the U.S.? Will slowing domestic demand contain merchandise import growth? With imports outpacing exports in 2025 and 2026, will Canadian exporters continue making inroads to other major markets? And what does this all mean for GDP growth over the forecast period?
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