As U.S. consumer sentiment hits Great Recession lows, what’s next for Canada?

By Ari Rabinovitch – Global News

The trade war is starting to impact economies across the globe, with recent U.S. data now showing consumer sentiments are reaching lows not seen since the Great Recession.

That’s raising questions about whether Canada could soon start feeling ripple effects.

“There has been more concern about momentum in U.S. labour markets, and not just in consumer perceptions of labour markets. You are starting to see cracks in some of the underlying details as well,” says assistant chief economist Nathan Janzen at Royal Bank of Canada.