US/Canada Trade Tensions: What It Means for Newcomers.
As a newcomer, you're settling into your new life in Canada. But recent trade disputes between the US and Canada could impact the economy, and by extension, immigration policies. Here's what you need to know:
Tariffs = Taxes on Imports: Tariffs are taxes on goods from other countries, making imports more expensive. This can lead to price increases for consumers.
US/Canada Spat: Recent tariffs imposed by the US and retaliatory measures by Canada can affect prices and the availability of certain goods.
Support Local: One way to navigate potential price increases is to buy Canadian ("Made in Canada") whenever possible. This bolsters the local economy.
Stay Informed: The situation is still developing. We'll keep you updated on any further developments that could impact newcomers and the Canadian economy.