Bank of Canada Governor Tiff Macklem says tariffs proposed by President Donald Trump would drive the Canadian economy into the worst recession in three decades.
Recovery from the steepest decline since 1992 would take at least two years. “That implies tariffs would all but wipe out growth in the economy for those two years.”
https://www.westernstandard.news/news/bank-of-canada-fears-us-tariffs-would-cause-biggest-crash-since-1992/62458
Recovery from the steepest decline since 1992 would take at least two years. “That implies tariffs would all but wipe out growth in the economy for those two years.”
https://www.westernstandard.news/news/bank-of-canada-fears-us-tariffs-would-cause-biggest-crash-since-1992/62458
Bank of Canada Governor Tiff Macklem says tariffs proposed by President Donald Trump would drive the Canadian economy into the worst recession in three decades.
Recovery from the steepest decline since 1992 would take at least two years. “That implies tariffs would all but wipe out growth in the economy for those two years.”
https://www.westernstandard.news/news/bank-of-canada-fears-us-tariffs-would-cause-biggest-crash-since-1992/62458
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