(Bloomberg) — Canada’s economy is likely in the early stages of a recession, according to forecasters, as unemployment rises and exports fall because of a trade war with the U.S.

The trade dispute with Canada’s closest trading partner is hitting the labour market and household consumption.{ai:summary}Canada's economy is showing signs of an early recession, with rising unemployment and declining exports attributed to a trade conflict with the U.S. Forecasters warn that these trends could lead to further economic challenges ahead. #economy

Canada recession has already begun as trade war rages on, economists say

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