Canada-US Trade Deal Halves Steel Tariffs as Election Threat Looms

• Canadian Steel & Aluminum: U.S. tariffs halved to 25% from a threatened 50%, sparing key sectors.
• Canadian Dollar & TSX: Avoided immediate tariff shock; market sentiment improved on deal progress.

Liabilities (What's Losing Ground)

• Federal Government Support: Nearly 47% of Canadians want a federal election if a deal is reached, per Leger poll.
• Investment Certainty: 98% of U.S. & Canadian funds delayed investment decisions...