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MarketWatch: Canada Dollar Weakens as Traders Reassess Outlook Amid Renewed Trade Row

Category:Cross-Border
Updated:2026-08-24
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'The direct hit on Canada's growth should be manageable, said Karl Schamotta, chief market strategist at global payments company Corpay Cross-Border Solutions. However, "the duties could prove devastating for thousands of small and medium-sized firms that sell mainly into the U.S., and will raise economic uncertainty once again--threatening to derail a nascent recovery and cap the [Canadian dollar's] gains."'

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