The Globe And Mail
If the U.S. backs down on tariffs, the Canadian economy is primed for a solid expansion in 2025, but if Donald Trump sticks to his protectionist guns, a recession in the coming quarters seems likely
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Tiff Macklem on what the Bank of Canada can and can’t do as Trump remakes the economic order
Mark Rendell
18:20
If the U.S. backs down on tariffs, the Canadian economy is primed for a solid expansion in 2025, but if Donald Trump sticks to his protectionist guns, a recession in the coming quarters seems likely
