The ache of Donald Trump’s Liberation Day noir will go beyond disaster for thousands of Canadians who lose their jobs and see their savings debased by stagflation and battered markets. There will also be historic political implications for whoever forms Canada’s next government.
While we were “spared” the heavier blows that Trump placed on many other countries, Canadian households very much face a painful future of reduced incomes, diminished nest eggs and higher living costs.
Canada is entering its greatest existential upheaval since Confederation. Besides Trump duties that will make Canadian autos, steel and aluminum less affordable to U.S. customers, China has slapped exorbitant tariffs on Canadian canola, seafood and pork exports that will punish farming and commercial fishing families.
