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Business & Economics

Posthaste: Canada is in for a rough couple of quarters, say economists

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Summary
Nutrition label

73% Informative

Gross domestic product will shrink by 1.7% in the second quarter and 1% in third quarter , says Deloitte Canada .

Manufacturing, hit by tariffs on steel, aluminum, softwood lumber and finished vehicles, has seen the biggest losses.

The uncertainty of U.S. President Donald Trump ’s tariff war has put a damper on housing investment and household spending.

Robert McLister’s Financial Post column can help navigate the complex sector, from the latest trends to financing opportunities you won’t want to miss.

Plus check his mortgage rate page for Canada 's lowest national mortgage rates, updated daily .

Visit the Financial Post's YouTube channel for interviews with Canada 's leading experts in business, economics, housing, the energy sector.

VR Score

82

Informative language

84

Neutral language

61

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived