EPISODE · May 6, 2025 · 4 MIN
Canada’s Economic Woes: Tariff War Sparks Recession Fears
from Simply Economics · host Simply News from Qurrent
Explore the looming economic challenges facing Canada as trade tensions with the US escalate. We discuss the potential recession, rising unemployment, and government responses to the tariff war. Plus, updates on global economic forecasts and the Bank of England's expected interest rate cut. Sources: https://thoughtleadership.rbc.com/canadas-path-ahead/ https://www.fitchratings.com/research/sovereigns/spending-promises-may-compound-canadas-fiscal-challenges-29-04-2025 https://www.vanguard.ca/en/insights/canada-q1-2025-outlook https://financialpost.com/news/economy/canadian-economy-headed-recession-2025-deloitte https://economictimes.com/news/international/canada/canada-faces-a-summer-of-shortages-even-after-mark-carneys-victory-heres-the-reason-behind-it/articleshow/120903285.cms
What this episode covers
Explore the looming economic challenges facing Canada as trade tensions with the US escalate. We discuss the potential recession, rising unemployment, and government responses to the tariff war. Plus, updates on global economic forecasts and the Bank of England's expected interest rate cut.Sources:https://thoughtleadership.rbc.com/canadas-path-ahead/https://www.fitchratings.com/research/sovereigns/spending-promises-may-compound-canadas-fiscal-challenges-29-04-2025https://www.vanguard.ca/en/insights/canada-q1-2025-outlookhttps://financialpost.com/news/economy/canadian-economy-headed-recession-2025-deloittehttps://economictimes.com/news/international/canada/canada-faces-a-summer-of-shortages-even-after-mark-carneys-victory-heres-the-reason-behind-it/articleshow/120903285.cms
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Canada’s Economic Woes: Tariff War Sparks Recession Fears
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