U.S.-CANADA TRADE TENSIONS THREATEN GROWTH UBS warns escalating U.S.-Canada trade tensions could undermine Canada’s economic recovery by weakening business confidence, consumer spending and investment. The bank cut its 2026 Canada GDP growth forecast to 0.9% from 1.0%. While direct export exposure remains limited, UBS says broader supply-chain disruptions, weaker demand and investment uncertainty could amplify the economic impact.(*Walter Bloomberg)