Forward Guidance: U.S. Tariffs Likely Continued to Weigh on Canadian Industries in August

Wait 5 sec.

Early Canadian gross domestic product and net trade data have broadly showed signs the economy is stabilizing after contracting in Q2. However, heavily trade-exposed sectors remain under significant pressure, driving expectations for softer industry data on Wednesday. Statistics Canada’s preliminary estimate showed manufacturing sales contracted 1.5% in August, partially reversing the stronger 2.5% gain in […]The post Forward Guidance: U.S. Tariffs Likely Continued to Weigh on Canadian Industries in August appeared first on Action Forex.