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According to recent findings from the Canadian Chamber of Commerce, British Columbia’s economies would face lower risk compared to other Canadian regions if U.S. President Donald Trump enacts tariff measures. However, the chamber’s chief economist, Stephen Tapp, cautioned that such tariffs could trigger a nationwide recession.
Analyzing data from 41 Canadian cities with populations exceeding 100,000, the chamber’s Business Data Lab assessed each city’s export exposure to the U.S. Kamloops, positioned northeast of Vancouver, ranked as the second most resilient city out of the 41 analyzed, showcasing its potential to withstand potential U.S. tariffs on Canadian goods.
Health Canada has issued a warning regarding the usage of unauthorized sexual enhancement products found in several provinces, emphasizing their potential health hazards. The agency detected 372 products, including names like Spanish Fly 22,000 and Rhino 69, containing dangerous components. These products, seized in New Brunswick, Quebec, and Ontario, lack Health Canada’s approval for safety, effectiveness, and quality.
At a recent global AI summit in Paris, University of Ottawa professor Florian Martin-Bariteau advocated for AI regulation to foster innovation rather than hinder it. He highlighted the importance of providing guidelines for innovators to ensure safe and beneficial technological advancements. Despite some skepticism and concerns raised by others, Martin-Bariteau stressed the need for regulation in the AI sector, especially given its impact on democracies worldwide.
For more insights on the Canada-U.S. steel and aluminum trade relationship, the booming prebiotic soda industry, and a unique encounter with a moose in British Columbia, don’t miss out on the latest updates. Stay informed by subscribing to Marketplace and Mind Your Business newsletters to keep up with the latest economic and business news. You can also catch up on previous episodes of Marketplace on CBC Gem.
