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Businesses more optimistic despite persistent cost and labour pressures

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  • 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.

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Michael J. Anderson is a U.S.-based fire safety enthusiast and writer who focuses on making fire protection knowledge simple and accessible. With a strong background in researching fire codes, emergency response planning, and safety equipment, he creates content that bridges the gap between technical standards and everyday understanding.

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