{"id":57941,"date":"2025-03-27T19:04:06","date_gmt":"2025-03-27T19:04:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/27\/business-leaders-concerned-canada-could-enter-recession-poll\/"},"modified":"2025-03-27T19:04:06","modified_gmt":"2025-03-27T19:04:06","slug":"business-leaders-concerned-canada-could-enter-recession-poll","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/27\/business-leaders-concerned-canada-could-enter-recession-poll\/","title":{"rendered":"Business leaders concerned Canada could enter recession: poll"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n<header aria-label=\"Beginning of Article\" class=\"article-header article-header--story\">\n<nav aria-label=\"Breadcrumb\" class=\"breadcrumbs\" data-aqa=\"nav-breadcrumb\">\n<p>Breadcrumb Trail Links<\/p>\n<ol class=\"breadcrumbs__items list-unstyled\">\n<li class=\"breadcrumbs__item\">News<\/li>\n<li class=\"breadcrumbs__item\">Economy<\/li>\n<\/ol>\n<\/nav>\n<div class=\"article-header__detail\">\n<div class=\"article-header__detail__texts\">\n<p class=\"article-subtitle\">President Trump has threatened \u201cfar larger tariffs\u201d if Canada unites with the E.U. to do \u201ceconomic harm\u201d to the U.S.<\/p>\n<div class=\"article-meta\">\n<p><span class=\"published-date__since\">Published Mar 27, 2025<\/span> \u00a0\u2022\u00a0 <span class=\"published-date__word-count\">3 minute read<\/span><\/p>\n<div class=\"article-meta__bottom\">\n<div class=\"bookmark-wrapper\">\n<div class=\"popover\" data-aqa=\"popover\" data-click-to-appear=\"True\" data-container=\"\" data-container-offset=\"\" data-no-style=\"\" data-popover-component=\"\" data-position=\"top\" data-sticky=\"\" data-tail-offset=\"200\" data-tail-position=\"right\"><button class=\"popover__trigger bookmark-button\"><span class=\"save-article-button save-article-button--default\" title=\"Save article\" data-article-id=\"159d528c-2a17-44f8-b2af-e92de5bdf44a\" data-evt-skip-click=\"true\"\/><\/button><\/p>\n<div aria-describedby=\"popover-desc-popover-bookmark\" class=\"popover__content\" hidden=\"\" role=\"dialog\">\n<div class=\"popover__content__wrapper\">\n<div class=\"popover__content__text\" id=\"popover-desc-popover-bookmark\">\n<div class=\"bookmark__popover__content\">\n<p>You can save this article by registering for free here. Or sign-in if you have an account.<\/p>\n<\/div>\n<\/div>\n<p><button class=\"popover__content__close\" data-evt-skip-click=\"true\" title=\"Close\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" viewbox=\"0 0 12 12\" class=\"icon--close\" height=\"12\" version=\"1.1\" width=\"12\"><polygon points=\"12 0.95 11.05 0 6 5.05 0.95 0 0 0.95 5.05 6 0 11.05 0.95 12 6 6.95 11.05 12 12 11.05 6.95 6\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"featured-image\" data-aqa=\"featured-image\"><picture class=\"featured-image__ratio\"><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0328-bc-flag.jpg?quality=90&amp;strip=all&amp;w=564&amp;h=423&amp;type=webp&amp;sig=iDf9mpAvUyY1anlrBNL75g,&#10;            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https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0328-bc-flag.jpg?quality=90&amp;strip=all&amp;w=944&amp;h=708&amp;type=webp&amp;sig=sRahtlQEA-CTXnKkB5koMg 2x\" type=\"image\/webp\"><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0328-bc-flag.jpg?quality=90&amp;strip=all&amp;w=472&amp;h=354&amp;type=jpg&amp;sig=OhCErn6VdVa5brCs8MfwHg,&#10;                https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0328-bc-flag.jpg?quality=90&amp;strip=all&amp;w=944&amp;h=708&amp;type=jpg&amp;sig=k42yS79o6q8HX2L-Uhs2Pg 2x\" type=\"image\/jpeg\"><source media=\"(max-width: 767px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0328-bc-flag.jpg?quality=90&amp;strip=all&amp;w=288&amp;h=216&amp;type=webp&amp;sig=teFL39Md25_csIldYrGTbQ,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0328-bc-flag.jpg?quality=90&amp;strip=all&amp;w=576&amp;h=432&amp;type=webp&amp;sig=dXb3WEOR0EfJ20fq3KZ6uQ 2x\" type=\"image\/webp\"><\/source><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"featured-image__caption image-caption\"><span class=\"caption\">Members of the NDP caucus look up at a Canada flag hanging from their offices outside the Alberta Legislature, in Edmonton on March 25, 2025. <\/span> <span class=\"credit\">Photo by David Bloom<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p><span data-contrast=\"none\">Amid heightened trade tensions with the United States, a rising number of Canadian business leaders fear an economic crisis is looming and are looking to other countries to offset the impact, according to the latest L\u00e9ger survey conducted exclusively for Financial Post.<\/span><\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p data-async=\"\"><span data-contrast=\"none\">The survey revealed that nearly 88 per cent of senior business leaders are worried about inflation as a result of the trade war (a nine per cent increase from February\u2019s poll), and 85 per cent are concerned Canada\u2019s economy could slide into a recession.<\/span><\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_2\">\n<section aria-describedby=\"advertisment8633861413680063860868629848391680\" class=\"ad\">\n<p>Advertisement 2<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-2\">\n<div class=\"ad__inner__container\" 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your city and across Canada.<\/p>\n<ul class=\"list-unstyled list-checkmark\">\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div class=\"intro-body__anonymous\">\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p class=\"identity-intro__description\">Create an account or sign in to continue with your reading experience.<\/p>\n<ul class=\"list-unstyled list-checkmark\">\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div class=\"intro-body__registration_only hidden\">\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p class=\"identity-intro__description\">Create an account or sign in to continue with your reading experience.<\/p>\n<ul class=\"list-unstyled list-checkmark\">\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div class=\"identity-screen m-x-0 p-x-0 col-xs-12 col-md-6 flex-justify-center flex-align-center\" aria-live=\"assertive\">\n<section class=\"sail\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-sailthru-personalization-engine=\"\" data-sailthru-personalization-engine-component=\"\"\/>\n<div class=\"m-x-0 p-x-0 col-xs-12 col-sm-6 col-md-12 flex-align-justify-center\" data-auth-component=\"\" id=\"auth-screen-form\">\n<div class=\"identity-screen-form--active w-full flex-align-justify-center\">\n<div class=\"identity-screen-form identity-screen__content w-full\">\n<h2 class=\"blocker-title\">Sign In or Create an Account<\/h2>\n<p><span class=\"identity-divider__line\"\/><span class=\"identity-divider__text\">or<\/span><span class=\"identity-divider__line\"\/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<footer class=\"identity-footer identity-screen__content m-x-0 p-x-0 col-sm-6 col-md-12\"\/><\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p><span data-contrast=\"none\">Due to their growing economic fears, business leaders are more likely to take precautionary measures, said Andrew Enns, executive vice-president of L\u00e9ger\u2019s Central Canada operations. <\/span><\/p>\n<p><span data-contrast=\"none\">The survey found 67 per cent of respondents reported they were considering or had already reduced spending and 62 per cent were considering or had already reduced or postponed investments. Fewer respondents said they had halted new hirings or have laid off existing employees. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">But these measures can ultimately become \u201ca self-fulfilling prophecy,\u201d Enns said.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cBusinesses don\u2019t want to go into recession \u2026 but when you start slowing down investment (and) hiring, those are the things that probably propel us in that direction.\u201d<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The survey also said 78 per cent of senior Canadian business leaders are in support of pursuing stronger and expanded trade relations with Europe and Great Britain, instead of with the U.S. <\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<\/section>\n<div class=\"js-widget-content article-content__widget-group article-content__widget-group--content-slot16 article-content__widget-group--newsletter-slot\">\n<section class=\"newsletter-widget__new-story-page fp-headlinenews background--primary-light-gradient\" aria-labelledby=\"FinancialPostTopStories8985601560454526418505496656871424\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component=\"\" data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<div class=\"newsletter-new-story-page-template\">\n<div class=\"newsletter-widget__header__new-story-page\">\n<div class=\"newsletter-widget__banner__new-story-page\"><img decoding=\"async\" alt=\"Top Stories\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/18.3.3\/websites\/images\/newsletters\/icon-fp-topStories.svg\"\/><\/div>\n<div>\n<p>Top Stories<\/p>\n<p class=\"newsletter-widget__text__new-story-page\">Get the latest headlines, breaking news and columns.<\/p>\n<\/div>\n<\/div>\n<div class=\"newsletter-widget__body__new-story-page\">\n<div class=\"js-replace-main__new-story-page\">\n<p class=\"newsletter-widget__disclaimer__new-story-page text-size--tiny\">By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<div class=\"js-submit-success\" hidden=\"\" id=\"submitSuccessFP_HeadlineNews\">\n<p>Thanks for signing up!<\/p>\n<p class=\"newsletter-widget__text__new-story-page\">A welcome email is on its way. If you don&#8217;t see it, please check your junk folder.<\/p>\n<p class=\"newsletter-widget__text__new-story-page newsletter__feedback--last\">The next issue of Top Stories will soon be in your inbox.<\/p>\n<\/div>\n<p class=\"newsletter-widget__text__new-story-page js-submit-error\" style=\"margin-top: 8px\" hidden=\"\" id=\"submitErrorFP_HeadlineNews\">We encountered an issue signing you up. Please try again<\/p>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_3\">\n<section aria-describedby=\"advertisment3029240878749344773209475187212288\" class=\"ad\">\n<p>Advertisement 3<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-3\">\n<div class=\"ad__inner__container\" data-ad=\"[[7,7],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"7x7\" data-ad-loc=\"3\" data-ad-mobile=\"[[7,7],[300,250],[320,50],[300,50]]\" data-aqa=\"advertisement\" id=\"ad-3\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p data-async=\"\"><span data-contrast=\"none\">Meanwhile, President Donald Trump has threatened further retaliation if Canada and the E.U. were to join forces.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p data-async=\"\"><span data-contrast=\"none\">\u201cIf the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!\u201d Trump said in a Truth Social post on Thursday.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p data-async=\"\"><span data-contrast=\"none\">Enns <\/span><span data-contrast=\"none\">wasn\u2019t surprised that more business leaders have been losing faith in the U.S. as a reliable trading partner, from 58 per cent in the February edition of the report to 61 per cent. <\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cThere is also this acknowledgement that it\u2019s easier to say than do,\u201d he noted. \u201cThe U.S. has been a very convenient and profitable and mutually beneficial trading partner for a long time. It\u2019s not easy to just simply pivot and (move business to) France.\u201d<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_4\">\n<section aria-describedby=\"advertisment779676272802702854633170191515648\" class=\"ad\">\n<p>Advertisement 4<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-4\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"4\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-4\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p><span data-contrast=\"none\">Still, Enns said that Canadian business leaders are likely looking into expanded trade with other countries as a longer-term solution. <\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">About 70 per cent of respondents said they were considering or had already begun looking for alternatives to American suppliers or clients and buying or investing more in Canada.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p data-async=\"\"><span data-contrast=\"none\">The most recent edition of the L\u00e9ger survey also investigated which domestic policy changes business leaders might support or oppose in a potential renegotiation of the existing Canada-US-Mexico Free Trade Agreement (CUSMA), which is set to be reviewed by 2026. <\/span><span data-contrast=\"none\">Some of the proposed policy changes were related to issues Trump has already singled out, especially in light of his <span style=\"text-decoration: underline\">reciprocal tariffs<\/span> (which involve non-tariff trade barriers).<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The policy changes most favoured by respondents were opening up the Canadian telecommunications sector to foreign competition (73 per cent) and allowing foreign airlines to serve domestic routes (66 per cent). About half supported the removal of Canadian cultural content restrictions, while 56 per cent supported getting rid of taxes on streaming platforms. <\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_5\">\n<section aria-describedby=\"advertisment5354664068652032364724916487979008\" class=\"ad\">\n<p>Advertisement 5<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-5\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"5\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-5\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p><span data-contrast=\"none\">Enns thinks business leaders were less likely to concede on things like\u00a0ending Canada\u2019s dairy and poultry supply management rules (which 44 per cent of respondents supported and 40 per cent opposed), pointing to strong public support for domestic produce. Respondents were also less likely to be in favour of opening up Canada\u2019s banking sector, which Enns felt could be partly attributed to how Canadian financial institutions withstood the 2008 crisis compared to the U.S.<\/span><\/p>\n<p><span data-contrast=\"none\">Enns said he wanted to get a sense of what business leaders were prepared to put on the table.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<section aria-labelledby=\"moreTopicLabel702169576194522315144767519850496\" class=\"more-topic\" data-aqa=\"embed-more-topic\" data-carousel-component=\"\" data-carousel-icon-button=\"\" data-carousel-type=\"list\">\n<p>Recommended from Editorial<\/p>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-prev\" data-carousel-prev=\"\" tabindex=\"-1\" title=\"previous\" type=\"button\"\/><\/p>\n<ol class=\"more-topic__items list-unstyled\" data-carousel-slide-list=\"\" tabindex=\"0\">\n<li data-evt-val=\"{\" control_fields=\"\" canada=\"\" is=\"\" limited=\"\" in=\"\" matching=\"\" further=\"\" tariffs=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" alt=\"Prime Minister Mark Carney attends a joint statement with French President Emmanuel Macron Monday, March 17, 2025 at the Elysee Palace in Paris.\" data-src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0319-bc-carney.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=7zCNRv_8dhNQIcQcBZB3sw\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0319-bc-carney.jpg?h=96&amp;strip=all&amp;quality=5&amp;sig=IUxKUwdPI7KutgL0oSfOgg\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0319-bc-carney.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=7zCNRv_8dhNQIcQcBZB3sw, https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0319-bc-carney.jpg?h=192&amp;strip=all&amp;quality=80&amp;sig=WOeDLabiXxJjH6wwpY3xNg 2x,&#10;                                             https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/0319-bc-carney.jpg?h=288&amp;strip=all&amp;quality=80&amp;sig=OaaJMlE2l6HF_awjuAhKTg 3x\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">Carney: Canada is limited in matching further tariffs<\/span><\/p>\n<\/li>\n<li data-evt-val=\"{\" control_fields=\"\" backlash=\"\" to=\"\" tariffs=\"\" could=\"\" hit=\"\" wall=\"\" of=\"\" cost=\"\" data-carousel-item=\"\" data-evt=\"click\" data-evt-typ=\"click\"> <picture class=\"more-topic__item-image\"><img decoding=\"async\" alt=\"An Angus Reid poll said 98 per cent of consumers indicated they are shopping for made-in-Canada products, while 85 per cent said they planned to replace U.S. products.\" data-src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/2025035004_Calgary_Booze_JW004.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=6L6mQ3rw6FFOETdPHFMttw\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/2025035004_Calgary_Booze_JW004.jpg?h=96&amp;strip=all&amp;quality=5&amp;sig=NmqtRF1AC1DyFRV7IkV2eQ\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/2025035004_Calgary_Booze_JW004.jpg?h=96&amp;strip=all&amp;quality=80&amp;sig=6L6mQ3rw6FFOETdPHFMttw, https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/2025035004_Calgary_Booze_JW004.jpg?h=192&amp;strip=all&amp;quality=80&amp;sig=7OmDVE2I3jZgDOoOgmV_5A 2x,&#10;                                             https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/03\/2025035004_Calgary_Booze_JW004.jpg?h=288&amp;strip=all&amp;quality=80&amp;sig=DvUvUyREg2lQ-RaeREieJw 3x\" class=\"lazyload\" height=\"96\" loading=\"lazy\" width=\"96\"\/><\/picture>\n<p><span class=\"more-topic__item-text-clamp\">Buy-Canadian backlash to tariffs could hit wall of cost<\/span><\/p>\n<\/li>\n<\/ol>\n<p><button aria-hidden=\"true\" class=\"more-topic__button-next\" data-carousel-next=\"\" tabindex=\"-1\" title=\"next\" type=\"button\"\/><\/section>\n<p><span data-contrast=\"none\">\u201cIn the past, we\u2019ve been able to protect these \u2018sacred cows\u2019 and just talk about the other stuff,\u201d he said. \u201cThe country may have to adjust some of its (positions) on these things if we\u2019re going to get a workable, stable trade deal back in place with the U.S.\u201d<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The survey was conducted between Mar. 19 to Mar. 25 among 250 members of the LEO Decision panel, a proprietary group of Canadian business leaders, established by L\u00e9ger in collaboration with HEC Montreal.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__share-group article-delimiter\" data-evt-val=\"{\" control_fields=\"\" data-evt-typ=\"page_scroll\">\n<p>Share this article in your social network<\/p>\n<\/section>\n<\/div>\n\n<br \/>Business leaders concerned Canada could enter recession: poll<\/a><br \/>\n<br \/>2025-03-27 19:04:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breadcrumb Trail Links News Economy President Trump has threatened \u201cfar larger tariffs\u201d if Canada unites with the E.U. to do \u201ceconomic harm\u201d to the U.S. Published Mar 27, 2025 \u00a0\u2022\u00a0&#8230;<\/p>\n","protected":false},"author":2,"featured_media":57942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-57941","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=57941"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/57942"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=57941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=57941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=57941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}