The unemployment rate ticked up to 4.2 percent while wages continued to lag behind inflation in the government’s final jobs report before the Nov. 3 midterm election.
Strife with the U.S., including Trump’s tariffs, has pushed Canada to find new trading partners. That could ultimately raise prices for U.S. businesses.
The Trump-ordered name change was the talk of the docks on both shores of Lake Ontario. But neither American nor Canadian sailors seemed to be taking it too seriously.
Small Canadian businesses are finding ways to deal with new tariffs imposed by the Trump administration last weekend, such as blocking affected products for U.S. online shoppers.
The steep levies, announced last month, were set to take effect at 12:01 a.m. Wednesday. Trump said the pause would last three days, subject to the finalization of the agreement.
An analysis from Penn Wharton Budget Model shows that baby boomers and the Silent Generation received an estimated $2.7 trillion in federal outlays last year.