Businesses more optimistic despite persistent cost and labour pressures


  • accommodation and food services (35.1%)
  • retail trade (29.7%)
  • manufacturing (29.5%)

US tariffs and cost pass-through

The StatCan survey also found that nearly one-third (32.0%) of all businesses, whether engaged in trade or not, reported that tariffs imposed by the United States on imports from Canada had a negative impact on their business over the 12 months prior to the survey. Businesses in manufacturing (51.2%), agriculture, forestry, fishing and hunting (47.1%), and wholesale trade (45.7%) were most likely to report negative effects.


Leave a Comment

Your email address will not be published. Required fields are marked *