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Canadian businesses are facing mounting economic uncertainty, and exporters are getting hit the hardest. The latest Business Insights Quarterly from our Business Data Lab (BDL) shows that business confidence is still low for the third quarter in a row, with goods exporters now feeling less optimistic than other sectors. For a while, exporters were more confident than the broader business community, but that changed in late 2024 when rail and port strikes disrupted supply chains and trade policy uncertainty ramped up. Now, with tariffs increasing and supply chains under renewed strain, exporter confidence remains deeply subdued. |
