CBC Manitoba: Manitoba agri-food industry wary of potential trade war with U.S. as premiers close ranks
January 16, 2025 —
Shiu-Yik Au, an associate professor of finance at the University of Manitoba, said the uncertainty alone is having an effect on the province’s businesses.
“Maybe they have to face a tariff or maybe they don’t, and that’s going to cause them to delay investment, cut back orders, hours for employees,” he said.
“If you’re a working Manitoban and you’re working at a factory and your boss is worried about tariffs, you may not get as many hours, maybe not getting overtime anymore. You feel the pinch a little bit.”
Au said it’s hard to tell whether Trump will actually carry out his threats, but if he does, Canada must strike back.
To read the entire article, please follow the link to CBC Manitoba.
economic strategy, Finance, tariffs, US Canada relations
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