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Concerns Over Provincial Economy

The Ontario Chamber of Commerce is concerned about a potential trade dispute with the U.S. government.

Spokesperson Karl Baldauf says the possibility of damaging countervailing duties on softwood lumber is a reality.

Baldauf says the crippling duties may have a major impact on the future of the northwestern Ontario economy.

Meantime, a new report from the Chamber shows business owners are holding on to their money.

Baldauf says there’s still a lot of concerns about our economy.

He says businesses aren’t investing in new people and aren’t investing back into their communities.

Baldauf notes if business owners are scared to spend their money, it prevents the economy from growing.

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4:10 am, May 7, 2026
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