Cracks in Ontario's economy were starting to show before Trump's tariffs

[shockedcanadian]

It's crazy, only one other province has a worse unemployment rate than "powerful Ontario".

Learn from Canadas experience. Police States are real and they destroy jurisdictions and nations. Do NOT trust nor become like us.

These losers who support a covert police state against it's citizens and their activities in U.S corporations here are looking to blame ANYONE but themselves. Remain America, a Republic that supports capitalism, civil liberties, access to justice and accountable government.

Unemployment has been rising steadily in province for past 2 years, only N.L. has higher jobless rate​

https://www.cbc.ca/news/canada/toronto/ontario-economy-unemployment-doug-ford-trump-tariffs-1.7524283

With all the noise of back-to-back provincial and federal election campaigns, you'd be forgiven for not hearing the cracking sounds coming from Ontario's fragile economy since January, even before U.S. President Donald Trump's tariffs began to bite.

• The unemployment rate in the province was 7.6 per cent in January, 7.3 per cent in February and 7.5 per cent in March, Statistics Canada reported. The only province with a higher unemployment rate right now is Newfoundland and Labrador.
• Ontario's real GDP grew by just 1.2 per cent in 2024, Statistics Canada reported. The only provincial economy that grew more slowly last year was Manitoba's.
• Only 15 per cent of businesses felt confident in the province's economy in February, down from 26 per cent in December, according to a survey for the Ontario Chamber of Commerce.

It all paints a picture of an economy that was already rather feeble, just as Trump's tariffs appear poised to kneecap Ontario's export-oriented industries.

Daniel Tisch, president and CEO of the Ontario Chamber of Commerce, says roughly two-thirds of its business members expect to be affected negatively by U.S. tariffs.

 

[JoeB131]

It's crazy, only one other province has a worse unemployment rate than "powerful Ontario".

Learn from Canadas experience. Police States are real and they destroy jurisdictions and nations. Do NOT trust nor become like us.

Snidley, are you still whining becaue you got slapped around as a teen?

You probably had it coming.

 

[jwoodie]

It is interesting that Quebec has lost interest in becoming independent from the rest of Canada in recent decades. Could it be because of the massive bribe Ottawa has been willing to pay them to stay?

 

[MayorQuimby]

Sincere advice for OP: if you hate Canada so much, and praise US so much, and apparently care about the US so much, why don't you try and become a US citizen? It should be quite easy because you speak the same language as fat American women, plus you got that smokey eyes thing that so many Torontonian guys have. Super hot, mmm mmm. Now I am reminiscing, don't mind me, and pass the lube, please.