Canada’s Economic Woes: Tariff War Sparks Recession Fears

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