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Is Canada Headed for a Recession? U.S. Tariff Threats & Economic Outlook

Published 1 year, 5 months ago
Description

This week, Vince dives into the the current socio-economic state of Canada. Canada’s economy is in deep trouble, and it’s only getting worse. The Bank of Canada’s January 2025 report paints a grim picture, with U.S. tariff threats looming large, potentially slashing Canadian GDP by 1-2%. With inflation spiraling, business confidence tanking, and productivity at an all-time low, the country’s heading straight into recession. Plus, the return of Trump 2.0 means 25% tariffs on Canadian imports are on the table—could Canada survive this? Find out what this means for the economy and how businesses are reacting to the uncertainty.

For more information, be sure to visit  https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

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