Explore Canada’s response to US trade tensions, contrasting industrial contraction with consumer resilience. Gain insight into the strategic pivots reshaping the national economy.
Welcome to the course titled Canadian Economic Reactions to US Trade Conflict. This comprehensive program draws from the Research to Insights series to provide a multi-faceted perspective on the significant economic shifts Canada experienced during the 2024-2025 period due to escalating trade tensions. Through a holistic assessment of distinct studies and high-quality data, learners will explore how a slowdown in cross-border trade precipitated a 0.4% contraction in Real Gross Domestic Product and ended a streak of post-pandemic growth.
The curriculum delves deep into the macroeconomic consequences of the conflict, highlighting a sharp 7.5% plunge in export volumes—the largest decline since 2009 excluding the pandemic era. Participants will examine how uncertainty paralyzed business planning, leading to a 9.4% drop in investment in machinery and equipment and a widespread delay in expansion projects among exporters. The course further analyzes the ripple effects on the labor market, which shifted from robust growth to stagnation, resulting in an unemployment rate rise to 7.1% and significantly impacting young workers and students.
Beyond industrial and labor metrics, this course investigates the divergence between contracting business investment and resilient household spending. Learners will uncover how consumer behavior acted as an economic buffer through sustained spending on vehicles and a shift toward domestic tourism, despite the rising costs of goods and services. The content also addresses the financial implications of the conflict, including significant foreign capital divestment and the restructuring of supply chains as businesses sought to mitigate tariff impacts.
By the end of this course, participants will have a clear understanding of the following key topics:
8 activities • 33 videos • duration: 1h 13m
Professional Growth Without Borders
Continuum Learning Group is an international Continuing Professional Development provider delivering high-quality learning experiences across industries and regions. Designed for modern professionals navigating rapidly changing global standards, the organisation offers accessible CPD programs in law, finance, engineering, architecture, healthcare, technology, leadership, and more. Its courses are structured around universal competencies—ethics, compliance, technical proficiency, and emerging trends—ensuring that learners worldwide can maintain professional relevance and meet regulatory expectations. Continuum Learning Group’s mission is to make lifelong learning seamless, borderless, and adaptable to every profession.
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Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
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