蘑菇AV

Stellantis paused production at two plants in Canada and Mexico, resulting in the temporary layoffs of 900 employees at supporting plants, and an additional 4,500 hourly workers in Canada. Mercedes could stop selling its cheapest models in the US due to tariffs鈥攁 move which will likely be replicated by other manufacturers, putting car ownership out of reach for more consumers.

Overall, AI optimism is growing, with some divides: 83% of people in China think AI services and products are more beneficial than harmful, compared with 40% of Canadians and 39% of people in the US. Varying impact: Adoption is growing, though returns are modest and differ across applications.

That figure will be 10 by 2028鈥攁s per the chart below鈥攁nd 12 by 2029, with Canada and France joining. China and the US will still account for roughly 70% of the total each year, but the rest of the world will produce about $2.5 trillion in ecommerce sales annually by the end of the decade. Click here to view our full forecast for retail ecommerce sales, by country. Behind the Numbers.

Our take: Bank of America鈥檚 and Citi鈥檚 earnings were steady in Q1 despite the larger uncertain economic environment that started in March with President Donald Trump鈥檚 threatened tariffs on Canada and Mexico. But both issuers agree that these results may not repeat themselves in the coming quarters.

Travel demand into the US could also falter as tariffs trigger economic boycotts from consumers in Canada and elsewhere, which will hurt everyone from airlines and hotels to restaurants and retailers. This content is part of 蘑菇AV鈥檚 subscription Briefings, where we pair daily updates with data and analysis from forecasts and research reports.

Just a third of adults in Canada will use mobile peer-to-peer (P2P) payments this year, and adoption will barely grow through 2027. Mobile banking apps and digital wallets must rethink their strategies to capture P2P users鈥攎aking the most of a population that doesn鈥檛 yet have strong P2P brand loyalty.

Consumers value features that protect their accounts and financial data, based on our exclusive survey data and analysis of 42 emerging features from the seven largest Canadian financial institutions in their mobile banking apps.

FAQ: US-Canada Trade War (蘑菇AV subscription required). Note: Data was provided to 蘑菇AV by IAB.

Brands running loyalty programs have reported an increase in customer lifetime value, average order value, and customer retention, per a November 2024 Censuswide/LoyaltyLion survey of brands using Shopify in the UK, US, and Canada. But the loyalty space is crowded.

Although the ramifications of the US-initiated trade war will be substantial for Canada, Mexico, and China, many other countries and regions should be able to endure the challenge. Western Europe鈥檚 retail sales growth will tick up slightly in 2025, and major markets like India, Southeast Asia, and Latin America will continue on their previously expected trajectories.

All three companies also have extensive manufacturing bases in North America, although that advantage has been wiped out by US tariffs on Canadian and Mexican imports, not to mention 25% levies on imported car parts, steel, and aluminum. Those costs have already resulted in a sizable blow to Volkswagen鈥檚 Q1 profits, which were 鈧�1.2 billion ($1.3 billion) lower than expected.

Walmart鈥檚 solution is to smooth over tensions with investment: It鈥檚 putting C$6.5 billion toward its Canada business over the next five years, and is partnering with Chinese delivery company Meituan to expand its presence in China. Go further: Read our FAQ: How Trump Tariffs on Latin American Imports Will Affect US Brands.

This move will drive up costs for Canadian consumers, making it harder for Kentucky bourbon makers and other spirit producers to compete in the Canadian market. Several Canadian provinces, including Ontario and Nova Scotia, have even pulled US alcohol from store shelves.

The first game, 鈥淭he Six,鈥� turns passive ad breaks into bite-sized trivia experiences, and is now available to advertisers in the US and Canada. GameBreaks appears in the first ad slot of commercial breaks and allows for brand customization, from theming to question content.

The Verge also reported that some Sony Bravia OLED TVs now cost about $500 more in the US than in Canada after currency adjustment. Chinese electronics brand Anker raised prices on 127 Amazon-listed products, with an average increase of 18%, per Mashable.

We could see similar experiments in other countries where Google pays news organizations to use their content, such as Canada or Australia.

Large Canadian banks saw a decline in customer satisfaction from 2022, with midsize banks performing better in a few key areas.