"This been driven by faster growth in exports to non-U.S. markets — especially Europe."
On Wednesday, Bank of Canada Governor Tiff Macklem said that while the latest U.S. tariffs are "very steep," they apply to a "relatively narrow" selection of goods.
Job gains in U.S.
While Canada's labour market cooled in August, it was a different story south of the border.
On Friday, the U.S. Labor Department reported that American employers added 162,000 jobs last month."
Framing: assertive ·
First seen: 2026-09-04 ·
Last seen: 2026-09-04 ·
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