Trade Uncertainty Persists
After a turbulent 2025, Ontario’s economy is in store for another year of modest growth, though some relief is on the horizon.
What factors are poised to facilitate an economic rebound for the province, and which ones could potentially slow that momentum? How will current demographic trends affect labour force growth, job gains, and residential investment? What is the outlook vis-à-vis U.S. tariffs, the renegotiation of CUSMA, and the impact on trade as well as consumer and capital spending in the near term? Will the federal government’s focus on major projects bring about the anticipated benefits for Ontario’s economy?
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