Report Details How Canadian Municipalities Are Experiencing Trade Disruption
What happened
The Federation of Canadian Municipalities, Ivey Business School, and the City of London released a report titled "Where Trade is Felt: Canadian Municipalities and U.S. Trade Disruption". The report established a national benchmark for how Canadian communities are experiencing trade-related pressures. It found that local effects, such as rising project costs and delayed investments, appear before they are reflected in broader economic data.
From chathamdailynews.ca
Why it matters
The findings indicate that the effects of trade pressures are not distributed evenly across Canada. Municipalities reported taking steps to respond to trade pressures, including launching procurement initiatives and strengthening investment efforts. This highlights how local governments are managing economic challenges like tariffs.
The City of London plans to work with the government to promote economic growth, noting that stability in the tax system is crucial for financial services success.
From chathamdailynews.ca
Who's involved
- Federation of Canadian MunicipalitiesCanadian advocacy group that published the report on trade disruption
- Ivey Business SchoolBusiness school that collaborated on the trade disruption report
- City of LondonCity that collaborated on the trade disruption report
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The entities involved
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Federation of Canadian Municipalities
Canadian advocacy group
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Ivey Business School
business school of the University of Western Ontario
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City of London
city, ceremonial county and local government district containing the historic centre and the primary central business district in the London Region in England, UK