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How US-Canada Trade Talks Could Boost Housing Opportunities
US-Canada trade talks collapsed, triggering a tariff war with 50% tariffs on $20 billion of Canadian exports to the US. Retaliatory tariffs from Canada will begin September 8, causing uncertainty for the Canadian economy and housing market. Interest rates are expected to remain steady, but rising US long-term rates may pressure Canadian rates. Despite trade tensions, Canada's economy remains resilient with strong recent growth.