
Bank of Canada Issues Dire Warning on U.S. Tariffs
About this episode
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In this episode, I look at Bank of Canada Governor Tiff Macklem’s warning about a potential trade war with the U.S. If Trump’s 25% tariffs take effect, Canada’s economy could suffer permanent damage—shrinking exports, higher prices, and a risk of recession. With limited options for the central bank, what can Canada do to prepare?
Also in this episode:
🛑 Interprovincial trade barriers – Canada’s internal trade rules drive up prices on everything from cars to groceries. The government is pushing for reform, but will provinces cooperate?
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