Posthaste: Why some economists see Canada falling into 'deeper' recession despite lower tariffs

Posthaste: Why some economists see Canada falling into 'deeper' recession despite lower tariffs

Weaker global demand from Donald Trump' tariffs and the uncertainty of the trade war will hit Canada's economy hard this year.

Canada Likely To Face Deep Recession Despite Lower Tariffs: Oxford Econ - Better Dwelling

Canada is facing much smaller tariffs than initially proposed, but unfortunately the problems are getting bigger. A new report from Oxford Economics sees the country plunging into a recession deeper than previously anticipated. Despite softening tariff threats, economic uncertainty will reduce consumption and investment, ultimately producing higher unemployment and even briefly producing disinflation.  Canadian GDP […]