Good morning. Nearly a year ago, U.S. President Donald Trump first unleashed his threats of tariffs on Canada. We’ve changed as a country since then. Time to face the strange ... we’ll get into that below. Plus, more on news of a loss in Canadian swimming and a winning streak in basketball. But first:

• Ontario and Manitoba have struck draft agreements with Ottawa to streamline reviews for major projects
• In Quebec, a small telco is taking on the challenge of bringing cell service to ‘dead zones’
• The U.S. is sending an envoy to discuss a “fine-tuned” peace plan with Russian President Vladimir Putin and Ukrainian officials

Hi, I’m economics reporter Jason Kirby, with a question: Do you remember what was on your mind a year ago this week?

It’s a safe bet it involved less-than-charitable thoughts toward incoming U.S. president Donald Trump, who chose that moment to reveal his specific plans to punish Canada with tariffs (for fentanyl or migrants crossing the border or trade deficits, depending on the social-media post) and directed his first jibe about Canada becoming the 51st state to then-prime-minister Justin Trudeau.

Since then, a lot has changed. For one, the United States did hit Canada with many new tariffs, which have left their mark on several industries. Today, trade talks with the U.S. have stalled, ostensibly after Ontario’s television ad campaign featuring Ronald Reagan railing against tariffs raised Trump’s ire.

But there are also glimmers of hope. Trump has not yet followed through on his four-week-old threat to hike tariffs on Canadian goods by another 10 per cent, which would bring them to 45 per cent, at least on items that don’t comply with the North American trade agreement.

And Prime Minister Mark Carney is mulling a trip to Washington next week to meet with Trump and possibly revive talks.

But the fallout goes way beyond the tariff hits, with Canada changing in dozens of measurable ways over the year.

Here are just a few.

We’ve seriously soured on the U.S. in our attitudes toward our southern neighbours …

Canadians’ views of the U.S. have plunged

… in our interest in setting foot in their country and spending our money there as tourists …

Canadian travel to the U.S. has tanked

… and in our waning demand for anything carrying the “Made in U.S.A.” brand. For many, that has meant ditching U.S. booze and wine – imports of reds and whites from the south are down 95 per cent since last November – or simply choosing Canadian-made alternatives in the grocery aisles.

Consumers spending plans toward Canadian vs. U.S. goods

Our political landscape shifted dramatically after Trump returned to office and Carney branded himself as Canada’s best defender in the spring election …

Federal vote projections since 2023 show Conservative-Liberal reversal

… and while Carney has backtracked on his elbows-up rhetoric and in September ditched the retaliatory duties that Canada slapped on some U.S. imports in a bid to revive trade talks …

Canadian tariff revenue as of August

… Trump has prompted Canada to finally take defence spending seriously.

Historical military spending and targets

However, some of the biggest changes have fallen on Canada’s economy. Exports of manufactured goods, especially automobiles, are down sharply. Canadian executives face an unprecedented level of uncertainty. And against that backdrop, Canadian workers are more apprehensive about their job prospects than at any time since the height of the pandemic.

Add all that up, and Canada has taken a permanent economic hit from the Trump era.