News Summary

Canadian tech companies like Shopify and Lightspeed are experiencing significant stock price declines following the US’s latest tariff measures. Shopify’s shares, listed on both the Nasdaq and the Toronto Stock Exchange, have dropped nearly 25% since the announcement, while Lightspeed’s shares fell about 15% on the NYSE. Other Canadian tech firms such as OpenText, Constellation Software, and Kraken Robotics have also seen substantial share price decreases. The tariffs have triggered a broader market downturn, with indices like the S&P 500 experiencing one of their worst days in decades.