Numbers continue to sink with the Canadian and U-S stock markets

Canadian and U-S stock markets’ worst crisis since the COVID-19 pandemic slammed into a higher gear Friday as the numbers sank for a second straight day.  There were sharper losses Friday compared to Thursday as U-S President Trump’s tariffs continue to stir recession fears.  They come as China matches Trump’s big raise in tariffs announced earlier this week, escalating a trade war.  The S&P/TSX composite index closed down 4.7 per cent — more than six per cent off from last week’s close.