The Globe and Mail reports in its Wednesday, March 5, edition that in a note this week, CIBC economists predicted that there could be up to 350,000 jobs lost if the tariffs remained in place for the long term. The Globe's Vanmala Subramaniam writes that the job losses would be concentrated in Ontario and Quebec because of their heavy reliance on manufacturing and resource exports, the note says. Bank of Montreal economists expect the unemployment rate to climb to around 8 per cent, if the tariffs remain in place for a year, they said in a Tuesday morning note. In an interview with The Globe, Unifor president Lana Payne said that job losses in the auto sector could come swiftly and within weeks, especially to workers in smaller auto parts manufacturing companies that cannot afford to absorb increased costs from the tariffs. Ms. Payne said she had not heard directly from any of the Big Three auto companies -- GM Canada, Ford Canada and Stellantis NV -- about whether plants would have to shut down and if temporary layoffs would take place. "They are trying to figure this out in the coming days," she said.