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flag Trade uncertainties with the U.S. cause a significant drop in Canadian business and consumer confidence.

flag The Bank of Canada reports a decline in business and consumer sentiment in the first quarter due to trade uncertainties with the U.S. flag The business outlook survey shows that 32% of firms now expect a recession within the year, up from 15% previously, while consumer expectations reveal increased concerns about job security and financial health due to trade conflicts. flag The survey also notes a decrease in planned investments and hiring, impacting economic growth forecasts.

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