shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,702
- 42,742
- 3,605
Trump is taking manufacturing back from Ontario.
We should have innovated and supported the human rights and civil liberties that ensured this innovation would occur. The fact is that this place is going to be an inconsequential province now. Even if only half went to the U.S in that quarter, that is a huge boon to the U.S and our loss.
Now Ontario is going to be an even bigger have-not province. Don't blame me, I tried to be a man of principle and they destroyed me when young and also when a man.
Trump isn't going to make a deal, he is going to either renegotiate USMCA with heavy advantages for the U.S, or, more than likely, two separate deals with the Canada and Mexico
Ontario's economy has recently started to feel the impact of American tariffs, shedding 38,000 jobs in the second quarter of 2025, the province's financial watchdog said Thursday in a report.
Financial accountability officer Jeffrey Novak said hits to employment in that timeframe include the early impacts of the tariffs, as well as broad economic factors.
"The latest economic indicators suggest mostly negative results for Ontario's economy in 2025 Q2, with losses in employment, manufacturing sales, wholesale and retail trade, and international exports," Novak wrote.
Most of the losses were felt in the manufacturing sector, which was down 29,400 jobs. That drop of 3.5 per cent was the sharpest quarterly job loss in the sector since 2009, except for the COVID-19 pandemic.
"After a strong 3.1 per cent gain in 2025 Q1, manufacturing employment fell by -3.5 per cent in 2025 Q2 as newly imposed U.S. tariffs on exports began to weigh on the sector," Novak wrote.
The loss of 56,600 full-time jobs was partly offset by 18,700 added part-time jobs.
The unemployment rate rose for a ninth consecutive quarter, up to 7.8 per cent — the highest rate since late 2012, excluding the pandemic.
We should have innovated and supported the human rights and civil liberties that ensured this innovation would occur. The fact is that this place is going to be an inconsequential province now. Even if only half went to the U.S in that quarter, that is a huge boon to the U.S and our loss.
Now Ontario is going to be an even bigger have-not province. Don't blame me, I tried to be a man of principle and they destroyed me when young and also when a man.
Trump isn't going to make a deal, he is going to either renegotiate USMCA with heavy advantages for the U.S, or, more than likely, two separate deals with the Canada and Mexico
Ontario's economy has recently started to feel the impact of American tariffs, shedding 38,000 jobs in the second quarter of 2025, the province's financial watchdog said Thursday in a report.
Financial accountability officer Jeffrey Novak said hits to employment in that timeframe include the early impacts of the tariffs, as well as broad economic factors.
"The latest economic indicators suggest mostly negative results for Ontario's economy in 2025 Q2, with losses in employment, manufacturing sales, wholesale and retail trade, and international exports," Novak wrote.
Most of the losses were felt in the manufacturing sector, which was down 29,400 jobs. That drop of 3.5 per cent was the sharpest quarterly job loss in the sector since 2009, except for the COVID-19 pandemic.
"After a strong 3.1 per cent gain in 2025 Q1, manufacturing employment fell by -3.5 per cent in 2025 Q2 as newly imposed U.S. tariffs on exports began to weigh on the sector," Novak wrote.
The loss of 56,600 full-time jobs was partly offset by 18,700 added part-time jobs.
The unemployment rate rose for a ninth consecutive quarter, up to 7.8 per cent — the highest rate since late 2012, excluding the pandemic.
