Retaliatory duties of 15 to 50 percent now apply to $27.6 billion in United States goods
Prime Minister Mark Carney released a video address the same day. He said the American tariffs will hurt some Canadians. He said that would not be easy and he would not pretend otherwise. He then told Canadians the most powerful response is buying Canadian products and traveling inside Canada.
That message lands on an economy that already showed weak results before this round of tariffs. Business sector labour productivity growth averaged 0.5 percent a year from 2015 to 2024 after averaging 1.4 percent from 1981 to 2014. Real GDP per capita grew far more slowly than in the United States after 2015.
One analysis put the 2024 level near $59,700 instead of nearly $65,000 if earlier productivity trends had held. Living standards measured that way barely moved over a decade while the United States pulled further ahead. Investment per worker fell. Capital per worker declined.
Those numbers are public and they predate the current fight.
https://www.youtube.com/shorts/9I0mU8XJ0DI
https://1hebrutaltruth1.substack.com/p/canada-chooses-higher-costs-and-lower
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