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Conversiobot Review – AI-Powered Chatbot for Skyrocketing your Sales – Product Review by Mike Vaughn

Conversiobot is an AI chatbot designed to help website owners convert their leads into subscribers and sales. The affiliate bot was created by two successful and popular internet entrepreneurs. ConversioBot Chatbot Conversiobot is an AI chatbot designed to help website owners convert their leads into subscribers and sales. The affiliate bot was created by two successful and popular internet entrepreneurs. New York, March 14, 2021 (GLOBE NEWSWIRE) — FTC Disclaimer (Any/all of the links on this post are affiliate links of which the author receives a small commission from sales of this product/service, but the price is the same to you. Are you an online business, website, or blog owner striving for leads and sales? If yes, this review will show you how to make money with a low-cost chatbot and higher conversions. Numerous Website owners endeavor to convert their visitors into leads and sales by the end of each day. Trying to see your site’s conversion rate could take months. It could also take up thousands of dollars you simply don’t have. The great news is that it does not need to take so long, and neither does it have to be expensive. Customer interactions are a really great way to increase leads and sales. Currently, approximately 85% of customer interactions can be done by an artificial intelligence chatbot. A chatbot does so by increasing your affiliate commissions and growing your email list on Autopilot. This Conversiobot review will tell you what you need to know about this product and if it’s worth your investment. What Is A Chat Bot? Chatbots are artificial intelligence-based computer programs that simulate human conversations. Bots are digital assistants that understand human capabilities through interpreting, processing user requests, and offering prompt relevant answers. Chatbots can communicate through tests and voice. Besides completing 60-90% of the average human team’s workload, they engage with your visitors enjoyably and interactively. What is Conversiobot? Conversiobot is an AI chatbot designed to help website owners convert their leads into subscribers and sales. The affiliate bot was created by two successful and popular internet entrepreneurs, Simon Wood and Imran S. The conversiobot cloud-based software can be installed on your site with a plugin or code. It works by helping you to increase your conversions while enabling you to create a proper script by creating chatbots in minutes, either by allowing you to create your own through the simple “drag and drop” interface or fully customizable “done-for-you” chatbots. Using Conversiobot, you can easily install your chatbot onto your website by uploading the plugin into your WordPress dashboard. Afterwards, you can install a single line of code. Conversiobot has two various offers. You can get the Conversiobot Lite offer and the Conversiobot Pro offer. Further info and a discount can be found here on the official website! Who is Conversiobot for? This cloud-based software was designed for website owners, affiliate marketers, and those who desire to convert their visitors into leads, list building, subscribers, and sales. The AI tool is suitable to increase engagement and sales for groups such as local business owners, bloggers, small business owners, affiliate marketers, eCommerce shop owners, social housing marketers and freelancers. How To Use Conversiobot Conversiobot is a user-friendly Artificial Intelligence chatbot that does not require a great deal of knowledge from its users. Given that it has a straightforward process, you will not have trouble using conversiobot for higher conversions. There are three needed actions through which people can setup Conversiobot on their website. To begin with, first, open the chatbot software. Afterwards, open the main Conversiobot dashboard from where you might discover a comprehensive variety of chatbot templates. It has templates under various categories like Affiliate, Discount, Feedback, Lead Generation, Social Shares. For each template, you can hit the “Preview” button to check it. Choose any chatbot design template depending on your desire. After choosing the chat design template, you need to select the Chatbot code line and copy the created code on your website. Subsequently, hit each module inside your flow chat to customize it. The next step is to customize your design bots as background, message bubble, bot message, user message, text, and bot design. It provides a “drag & drop” builder utilizing which you can design a chatbot for your website within minutes. Furthermore, you can set up elements like bot settings, widget settings, sound settings, email notification settings, autoresponder settings, goal settings. Afterward, Publish your chatbot. There are few choices to choose from when publishing, such as Full page bot, bot widget, embedded bot, WordPress plugin. You will not have to fret about how Conversiobot works, as the product does offer a video that will guide you step by step. It can be summarized in three stages: Step 1- pass one of the Done-For-You AI Chat Templates.Step 2- Click to generate a Line of Chatbot code link.Step 3- Finally, Copy and Paste the single link code onto your website’s head section. — Visit the official website here! — Conversiobot Active Products At a glance, you can get the following products when you use conversiobot. Conversiobot Pro The Conversiobot Pro allows you to get more sales and leads due to its award-winning Artificial intelligence technology. Besides, Conversiobot Pro has a commercial multi-site license and have agency assets to exceptionally increase your profit. OTO 1 – Done for You Pro – Done for You Pro is a library of templates or a library of bots. It includes a highly converting done for you chatbot templates for your business. Using Done for You Pro, you can simply create a copy of any of them and then modify it to your liking. At the same time, it makes it incredibly easy to generate different types of chatbots for demonstrations to specific niche businesses. As a result, it makes your work really fast and simple. OTO 2 – The Auto Chatbot Builder – One of the most prominent features of Conversiobot is The Auto Chatbot Builder. This feature allows you to create a customized chatbot with just a few clicks. Therefore, you do not have to use up a lot of time writing customized chats, as this tool will do it for you. Besides, the generic information from those templates will be automatically replaced with your business or client’s information to help you upgrade to smart marketing. OTO 3 – Conversiobot Extreme – According to a Conversiobot review, Conversiobot Extreme is most useful due to its functionality. This tool allows you to allow you to add custom branding to your chatbots. Other than that, it helps you to come up with various types of bots, like full-page bots and bots that are embedded via iframes. Other commercial chatbot options do not offer such features. OTO 4 – Agency License/ Agency Assets – Using this tool, you can have the ability to add a lot of team members to your account. As a result, you can have an employee or virtual assistant do the heavy lifting for you. Agency License has bonus features such as a website builder, which allows you to create your agency website. At the same time, agency assets allow you to invest in chatbots’ future and potentially use them to scale your business. What Bonuses are Included? – When you buy Conversiobot from the official website or store, you will get some great and unique bonuses. These bonuses added automatically to your account immediately after the purchase. Besides being known to increase sales by approximately 30%, the bonuses comprise front-end offers and the Value Bonus Bundle. Front End Offers – When you purchase the front-end offer, it comes with some great generic templates. Besides, when you buy the chat bot, you will also get the following products: Bonus #1: The Additional Bot Images Once you buy Conversiobot, you can come up with an avatar for the chat bots. This bonus comes with a lot of bot images. Aside from that, it allows you to upload your images to the dashboard to get more conversions. Bonus #2: The Extra Templates The Conversiobot comes with only ten chat templates for artificial intelligence. However, using this bonus product, you will be able to enjoy some great generic templates. Bonus #3: VIP Training After buying Conversiobot, buyers will get to get access to the training of the product. The VIP training consists of all the necessary guidelines to get you started once you purchase the product. At the same time, you will also have access to a VIP training session to help you get more conversions with the product. — Buy this product now with a special discount! — The Value Bonus Bundle The value bonus bundle does offer 42 bonus packages. They include: Facebook GFX Pro. The Facebook GFX Pro shows users ways on how to maximize the essential tools on the internet effectively. Facebook Timeline Optin. This bonus is suitable for a small business Facebook application. It allows its users to create professional business hub pages within no time. Besides, it will enable you to cater to your offline clients. Facebook Direct Pro. Facebook Direct Pro is the third bonus of the package. It equips people with traffic generation strategies suitable for the business. Social Audience Builder. Another bonus is the Social Audience Builder that entails a strong web-based app that allows you to get extreme value from your list while refining your Facebook audiences. FB Company Finder. The FB Company Finder gives several companies that might be your potential customers. Besides, you do not need to break a sweat using this fifth bonus because hundreds of spit-out local companies come from this easy 2-click software! Facebook Timeline Survey. The Facebook Timeline Survey enables you to identify approximately 110 top Shopify niches. Finally Drive Huge Traffic from Facebook and Profit. This bonus provides social signals for Search Engine Optimization. Aside from that, the skills gained will enable you to be at the top of search results and generate social shares for search engines. Uber Optin plugin. The other bonus of this package is the Uber Optin plugin. It offers methods to set up a sales funnel using WordPress. 20 Retargeting Ad Images. 20 Retargeting Ad Images Is the tenth and eleventh bonus of the package. It provides its users with about eleven retargeting hacks to kickstart Facebook product campaigns. WP Store Press bonus. At the same time, the WP Store Press bonus is a WordPress theme that will enable you to create your own Facebook shopping mall quickly. This bonus has been created and designed to allow Facebook, smartphone, and pc-based e-commerce stores to run in five minutes for e-commerce marketers. It is perfect for anybody who wants to tap into Facebook’s potential to market their goods. Instagram traffic. Instagram traffic is the eleventh bonus. It enables users to learn how to use Instagram to build a viral thrill for your goods that people will go crazy for. Pinterest perfection package. The Pinterest perfection package allows you to tap into the viral power of Pinterest. As a result, you can trigger lots of traffic back to your website or blog. Besides, you will learn to tap into your images’ power to reach the audience you desire. YouTube Video Mastery. YouTube Video Mastery teaches you how to use YouTube, especially for your YouTube videos, to earn passive income, monetize your content, and create compelling video material. Tube Ads Genie. Tube Ads Genie enables you to Push visitors who watch videos on your web to click on your adverts to carry commissions and sales on full Autopilot. The video support face. The video support face allows you to build video training centers for your goods quickly and easily. As a result, you will reduce support tickets, lower reimbursement rates, create high stick rates, and let you run your company on Autopilot! Like, Share & Follow bonus. The Like, Share & Follow bonus is a 30 day Social Media Marketing Mastering Guide. It teaches you ways to use social media and improve your outreach with unique, tested techniques more efficiently. Wp Local Business Plugin. Another one of the bonuses is the Wp Local Business Plugin. Yes, it provides a framework that generates social-powered business landing pages in seconds is simple to use. Aside from that, it allows you to set up a Killer Professional Business Landing Page that anyone can produce. Other bonuses include Video Marketing Hack, Ultimate Minisite Templates, Passive Email Riches, Low-Cost Web Traffic Surge, The Traffic Generation Personality Type, Quick Guide to WordPress SEO, SEO Stone Plugin, Lead Avalanche, Traffic Extreme, Graphics Blackbox, Wp EZ Share It Plugin, and more. — Get the Best Price Right Here — Conversiobot Features According to a conversiobot review, there are many features that the Conversiobot possesses that make it easy to build a chatbot. Artificial Intelligence – Conversiobot is powered by artificial intelligence. As a result, it will assist you to use the aggregated data from every customer service interaction. Besides, the chatbot builder allows you to learn what works best and improve responses over time. Done for You Chatbot Templates – Through chatbots, Conversiobot generates leads by conversing and interacting with the visitors on your website. It can automatically send messages to the customers when they visit your website. Consequently, it will help you to prevent hours of talking to customers. Easy Customization – Using Conversiobot, a website owner can easily customize it to do whatever they desire for their website or blog. To customize, you do not need to have any professional skills as all you have to do point, click, and finish. Commercial License – The front-end offer allows you to get a commercial license in the software. If you’ve been thinking of a way to have a steady stream of passive income, conversiobot should be one of your viable options. Yes, you can rake in hundreds of dollars in profit from different and multiple streams. It Is Compatible on All Platforms – This AI chatbot deals with all sorts of websites. Whether you are using an affiliate website, WordPress blog, e-commerce website, consultancy site, or any other website, Conversiobot works well on all of them. Step by Step Procedure – Conversiobot offers Step-By-Step training videos to walk you through everything. As a result, users will know how to install it and work with it professionally. 24/7 Team of Consultants – Conversiobot has a highly skilled professional team available 24/7 to assist you with your queries about the product. Simple to Use – It employs easy-to-understand analytics. Hence, it will help you enhance, improve, and access your performance. A conversiobot review graded it 100% amateur-friendly due to the simple “point and click” as well as the “drag and drop” interface. Other than that, you don’t really need to know a single line of code to add a highly responsive and personalized interaction. Suitable For A Wide Range Of Businesses – Conversiobot can be used by multiple and vast groups such as online marketers, social marketers, blog owners, affiliate marketers, e-comm sellers, freelancers, newbies, consultants, and many more. ConversioBot can connect to various marketing tools, such as MailChimp and AWeber. — Visit the official website here! — Pros the Conversiobot software There are multiple advantages of utilizing the Conversiobot software. At a glance, this section encapsulates the overwhelming benefits of this product. From helping you increase your sales and affiliate commissions to being Cost-effective, user-friendly, and broad compatibility, including google analytics, and the provision to build lists to earn profits immediately, the benefits are overwhelming. Besides, users can set it up in less than 60 seconds as some full custom OTO templates are available on the cloud. Conversiobot provides you with a commercial license; hence website owners can get custom designs according to their liking to get conversions from multiple channels. This product is GDPR compliant and has a series of videos that provide step-by-step training, making it easier for you to install and work with it professionally. As an AI tool that offers 30 days for you to get your money back in case of a complaint, the front-end offer comes with a commercial license meant to protect you. Cons of The Conversiobot Software While there are some cons to the product, they do not outweigh the pros of Conversiobot. Users must acquire the pro edition to get additional features to increase their sales by a marginally high percentage. At the same time, Conversiobot offers only ten free templates and can only incorporate one account from each marketing software it connects to. Another major downside was highlighted in one conversiobot review that revealed the customer service team could, at times, take 48 hours to respond. Where Can I Buy Conversiobot? To avoid a scam, only purchase the product only from the official website through the link, https://conversiobot.com/. Given that the website does offer crazy discounts on the product and its bonuses and promo codes that you can find online, you’ll save a lot by making a purchase through the official website. Another fascinating thing about this product is that you will only have to pay for it once. It does not have any monthly subscription charges as it is a one-time purchase. Conversiobot members get conversiobot software updates every time there is an upgrade. Nonetheless, keep in mind that the creators accept payments from visa, MasterCard, Discover, Paypal, and master express. Visit the official website here to find a discounted price! A 30- Day Money-Back Guarantee By purchasing through the official website, you will get to enjoy the perks of a money-back guarantee. The creators offer a 30-day money-back guarantee, with no question. Ensure you initiate the money refund process within 30 days of buying the product. Customer Support Team The product offers intelligent customer support through chatbots. However, if you want to get personalized support within the support team, ConversioBot offers a ticket system. The team will answer all inquiries, from technical and billing to general questions. At the same time, conversiobot has a support email, so they have all angles covered, which is true dedication to customer support. Frequently Asked Questions What Types of Chatbots Can I Create With Conversiobot? There are 4 Types of Chatbots You can create with Conversiobot. These are : The widget Bot appears in the bottom corner of your website.The exit bot shows up when the visitor exits the web page.The full-page bot that occupies the entire screenThe embedded bot can be inserted inside a post just like a YouTube video. Is Conversiobot a Scam Or Worth The Cost? Conversiobot is not a scam. It is a legitimate and authentic chatbot tool. Besides, the software is simple to use and is compatible with any website and google analytics, and Facebook pixel. Will Conversiobot Work with Any Operating System? Yes, Conversiobot is perfectly compatible with MAC OS, Windows, Linux, or any other operating system. Do I Need to Have Coding Skills To Use The Conversiobot Software? There are no skills needed to operate this AI tool. It is 100% amateur-friendly as it is a drag and drop builder or a point-and-click software. Besides, the software gives you a single link code that you need to paste on your website to start using the chatbot. Can I Sell the Chatbots That I Create? Yes, you can make money by selling custom chatbots. If you build quality and unlimited chatbots, you can sell them to businesses at a profit. Conversiobot Pro offers a Full commercial license. In one conversiobot review, a consumer ascertained that you could sell your chatbots for 100% profit. Does Conversiobot Work In Multiple Languages? Yes, Conversiobot allows you to create Chatbots in any language you like. Besides, the software has a simple 1-click setting to enable this feature. Conversiobot Review – Final Thoughts If you really desire to get rid of making numerous emails, phone calls, and messages for your business, you should consider using an AI Chatbot. Chatbots are incredibly effective for all sorts of users as they can successfully answer approximately 80% of routine questions. Without a doubt, ConversioBot is the right fit for you. By using this software, you can have a highly responsive and personalized chatbot to your site. As a result, you will get to encourage customer engagement due to its unique approach to dealing with the challenges of website conversions. Besides, this AI Chatbot software allows you to drive and increase sales exceptionally well because it will enable you to generate traffic. other than that, it will enable you to make money by converting online website visitors into potential customers. A Conversiobot review showed that the product had garnered a rating of 4 out of 5. Whether it is list building, sales, and live interaction with your customer, you can use conversiobot and finally stop ignoring email marketing. Click here to discover the current discount! Contact Information Innovative Chat Limited Homepage: www.conversiobot.com Email: support@conversiobot.com Phone: +1 (646) 741-0119 About Mike Vaughn is a blogger from a bigger enthusiastic team which loves to review products based on personal research. His contact E-Mail is mvaughn-revs@gmail.com. Feel free to contact him every time you like. Disclosure by content creator This post is for informational purposes only. The information does not constitute advice or an offer to buy. This product is not intended to diagnose, treat, cure, or prevent any disease. Any purchase done from this story is done on your own risk. Consult an expert advisor / health professional before any such purchase. Any purchase done from this link is subject to final terms and conditions of the website that is selling the product. The content on this release does not take any responsibility directly or indirectly. Contact the vendor of the product directly. This post contains affiliate links, meaning, the author recommends products and service he or she has used or knows well and may receive commission if you purchase them too (at no additional cost for you). This news has been published for the above source. Mike Vaughn [ID=17301] KISS PR PRODUCT REVIEWER COMPENSATION DISCLOSURE Pursuant to the Federal Trade Commission’s guidance of the public in conducting its affairs in conformity with legal requirements comprised in 16 C.F.R. § 255 et seq. on the use of endorsements and testimonials in advertising, this Product Reviewer Compensation Disclosure is provided by KissPR.com LLC and its affiliated entities (hereinafter referred to collectively as “KISS PR”). This disclosure applies to content displayed on all mobile, desktop, and other online versions of KISS PR’s websites and to those of KISS PR’s distribution partners (hereinafter referred to collectively as “the Websites”) and is provided for the purpose of disclosing the nature of the connection between KISS PR and product reviewers, advertisers, sponsors, endorsers, and other third-parties whose advertisements, sponsorships, endorsements, testimonials, opinions, or other product-related or service-related statements or reviews may appear on the Websites (hereinafter referred to as an “Product Reviewer”). This Product Reviewer Compensation Disclosure is intended to disclose to you that in consideration of payment of monetary and other compensation from a Product Reviewer, as described below, KISS PR sells various advertising, sponsorships, and marketing campaigns that are featured on one or more of the Websites. There is a financial connection related to some of the products or services mentioned, reviewed, or recommended on the Websites between KISS PR and the Product Reviewer that owns, markets, or sells such product or service. If you decide to purchase a product or service featured on one or more of the Websites, KISS PR will not receive compensation related to that purchase from a Product Reviewer but may receive a one-time fee from the Product Reviewer for posting or distributing the product review on or via the Websites. Further, KISS PR may post or otherwise promote on the Websites content, including editorial content, which may feature third-party products and services (a “Reviewed Product”). This content may contain weblinks to third-party owned or operated web sites where you can purchase Reviewed Product (“Product Link”). If you click on a Product Link and then purchase a Reviewed Product on the linked web site, KISS PR will not receive compensation from the third-party offering the Reviewed Product (the “Vendor”). Weblinks on the Websites featuring a Reviewed Product may be added to posts or articles that are not identified on the Websites as comprising or containing paid or sponsored content. In such case, a disclosure statement about the Reviewed Product and the compensation that KISS PR might receive in connection with its purchase by you will be included in such posts or articles. Further, third-party advertisements may be posted on the Websites. Each time you click on such an advertisement, KISS PR may receive compensation from the third-party advertiser, even if you do not purchase any product or service from that third-party. KISS PR will, subject to the disclaimer of liability set forth below, endeavor to ensure that product or service endorsements appearing in the Websites or in posts or articles distributed via the Websites reflect the honest opinions, findings, beliefs, or experiences of the Product Reviewer as they relate to such product or service. If you have any complaint, concern, or question relating to the content of any such post or article, including alleged infringement of any intellectual property rights, you should address your complaint, concern, or question directly to the Product Reviewer or the Vendor. NO REPRESENTATIONS OR WARRANTIES; NON-RELIANCE. EXCEPT FOR ANY EXPRESS REPRESENTATIONS AND WARRANTIES CONTAINED IN THIS DISCLOSURE STATEMENT, NEITHER KISS PR NOR ANY OTHER PERSON ON KISS PR’S BEHALF HAS MADE OR MAKES ANY EXPRESS OR IMPLIED REPRESENTATION OR WARRANTY, EITHER ORAL OR WRITTEN, WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE, TRADE, OR OTHERWISE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED, AND YOU ACKNOWLEDGE THAT YOU HAVE NOT RELIED UPON ANY REPRESENTATION OR WARRANTY MADE BY KISS PR OR ANY OTHER PERSON ON KISS PR’S BEHALF, EXCEPT AS SPECIFICALLY PROVIDED IN THIS DISCLOSURE STATEMENT. DISCLAIMER OF LIABILITY. IN NO EVENT SHALL KISS PR BE LIABLE OR RESPONSIBLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES OF ANY KIND, INCLUDING WITHOUT LIMITATION, LOST PROFITS OR LOST OPPORTUNITIES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE AND REGARDLESS OF THE CAUSE OF ACTION UPON WHICH ANY SUCH CLAIM IS BASED, INCLUDING, WITHOUT LIMITATION, ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH ANY OF THE CONTENT, INCLUDING, WITHOUT LIMITATION, AUDIO, PHOTOGRAPHS, AND VIDEOS, OF OR THE ACCURACY OF ANY STATEMENT MADE IN OR OMITTED FROM ANY ADVERTISEMENT, SPONSORSHIP, ENDORSEMENT, TESTIMONIAL, OPINION, OR OTHER PRODUCT-RELATED OR SERVICE-RELATED STATEMENT OR REVIEW APPEARING IN THE WEBSITES OR IN ANY POST OR ARTICLE DISTRIBUTED VIA THE WEBSITES. © 2021 KissPR.com LLC Media Contact Website: [KISS PR Brand Story PressWire] – Email: Media@kisspr.com Attachment ConversioBot Chatbot

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Canada’s unemployment rate holds steady at 6.5% in October, economy adds 15,000 jobs

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OTTAWA – Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy.

Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October.

Business, building and support services saw the largest gain in employment.

Meanwhile, finance, insurance, real estate, rental and leasing experienced the largest decline.

Many economists see weakness in the job market continuing in the short term, before the Bank of Canada’s interest rate cuts spark a rebound in economic growth next year.

Despite ongoing softness in the labour market, however, strong wage growth has raged on in Canada. Average hourly wages in October grew 4.9 per cent from a year ago, reaching $35.76.

Friday’s report also shed some light on the financial health of households.

According to the agency, 28.8 per cent of Canadians aged 15 or older were living in a household that had difficulty meeting financial needs – like food and housing – in the previous four weeks.

That was down from 33.1 per cent in October 2023 and 35.5 per cent in October 2022, but still above the 20.4 per cent figure recorded in October 2020.

People living in a rented home were more likely to report difficulty meeting financial needs, with nearly four in 10 reporting that was the case.

That compares with just under a quarter of those living in an owned home by a household member.

Immigrants were also more likely to report facing financial strain last month, with about four out of 10 immigrants who landed in the last year doing so.

That compares with about three in 10 more established immigrants and one in four of people born in Canada.

This report by The Canadian Press was first published Nov. 8, 2024.

The Canadian Press. All rights reserved.

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Health-care spending expected to outpace economy and reach $372 billion in 2024: CIHI

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The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.

The annual report released Thursday says total health spending is expected to hit $372 billion, or $9,054 per Canadian.

CIHI’s national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022.

This year’s health spending is estimated to represent 12.4 per cent of Canada’s gross domestic product. Excluding two years of the pandemic, it would be the highest ratio in the country’s history.

While it’s not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada’s growing population and its aging demographic.

Canada’s per capita spending on health care in 2022 was among the highest in the world, but still less than countries such as the United States and Sweden.

The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn’t afford these services start using them.

This report by The Canadian Press was first published Nov. 7, 2024.

Canadian Press health coverage receives support through a partnership with the Canadian Medical Association. CP is solely responsible for this content.

The Canadian Press. All rights reserved.

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Trump’s victory sparks concerns over ripple effect on Canadian economy

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As Canadians wake up to news that Donald Trump will return to the White House, the president-elect’s protectionist stance is casting a spotlight on what effect his second term will have on Canada-U.S. economic ties.

Some Canadian business leaders have expressed worry over Trump’s promise to introduce a universal 10 per cent tariff on all American imports.

A Canadian Chamber of Commerce report released last month suggested those tariffs would shrink the Canadian economy, resulting in around $30 billion per year in economic costs.

More than 77 per cent of Canadian exports go to the U.S.

Canada’s manufacturing sector faces the biggest risk should Trump push forward on imposing broad tariffs, said Canadian Manufacturers and Exporters president and CEO Dennis Darby. He said the sector is the “most trade-exposed” within Canada.

“It’s in the U.S.’s best interest, it’s in our best interest, but most importantly for consumers across North America, that we’re able to trade goods, materials, ingredients, as we have under the trade agreements,” Darby said in an interview.

“It’s a more complex or complicated outcome than it would have been with the Democrats, but we’ve had to deal with this before and we’re going to do our best to deal with it again.”

American economists have also warned Trump’s plan could cause inflation and possibly a recession, which could have ripple effects in Canada.

It’s consumers who will ultimately feel the burden of any inflationary effect caused by broad tariffs, said Darby.

“A tariff tends to raise costs, and it ultimately raises prices, so that’s something that we have to be prepared for,” he said.

“It could tilt production mandates. A tariff makes goods more expensive, but on the same token, it also will make inputs for the U.S. more expensive.”

A report last month by TD economist Marc Ercolao said research shows a full-scale implementation of Trump’s tariff plan could lead to a near-five per cent reduction in Canadian export volumes to the U.S. by early-2027, relative to current baseline forecasts.

Retaliation by Canada would also increase costs for domestic producers, and push import volumes lower in the process.

“Slowing import activity mitigates some of the negative net trade impact on total GDP enough to avoid a technical recession, but still produces a period of extended stagnation through 2025 and 2026,” Ercolao said.

Since the Canada-United States-Mexico Agreement came into effect in 2020, trade between Canada and the U.S. has surged by 46 per cent, according to the Toronto Region Board of Trade.

With that deal is up for review in 2026, Canadian Chamber of Commerce president and CEO Candace Laing said the Canadian government “must collaborate effectively with the Trump administration to preserve and strengthen our bilateral economic partnership.”

“With an impressive $3.6 billion in daily trade, Canada and the United States are each other’s closest international partners. The secure and efficient flow of goods and people across our border … remains essential for the economies of both countries,” she said in a statement.

“By resisting tariffs and trade barriers that will only raise prices and hurt consumers in both countries, Canada and the United States can strengthen resilient cross-border supply chains that enhance our shared economic security.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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