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Trade War Fallout: Three Canadian Provinces Face Disproportionate Impact as TSX-60 ETF Defies Market Pressure

Trade War Fallout: Three Canadian Provinces Face Disproportionate Impact as TSX-60 ETF Defies Market Pressure

Author:
Global Cryptocurrency
Published:
2025-06-05 16:27:02
20
3

Ontario, Manitoba, and Quebec brace for disproportionate economic strain as US-Canada trade tensions escalate. The iShares S&P/TSX 60 Index ETF (XIU) defied expectations with marginal gains during Thursday morning trading—a counterintuitive MOVE given the looming tariffs on heavy manufacturing sectors.

Alberta's energy-driven economy remains insulated, buoyed by political overtures from the TRUMP administration and new market access via the Trans Mountain pipeline. Saskatchewan mirrors this resilience, while central Canada's auto sector faces existential threats from proposed double tariffs.

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