EPISODE · Mar 18, 2026 · 49 MIN
Iran war throws Canada's economy into the unknown
from Power & Politics · host Power & Politics
The Bank of Canada held its key interest rate steady on Wednesday, as Governor Tiff Macklem described an uncertain economic future caught between the potential for higher oil revenues and the threat of damage from inflation. CBC's Peter Armstrong explains why inflation risks are a 'dual crisis' with the continuing damage from U.S. trade uncertainty, and RBC senior economist Claire Fan reacts to the central bank's warning that the risk of price hikes spreading increases as the war stretches on. Plus, Abacus Data's David Coletto and Leger's Sébastien Dallaire dissect the numbers underlying the Liberals' big lead in recent polling.🎙️ Behind every headline is a decision-maker. Behind this show is you.🙏 [Support Power & Politics] 🙏
What this episode covers
The Bank of Canada held its key interest rate steady on Wednesday, as Governor Tiff Macklem described an uncertain economic future caught between the potential for higher oil revenues and the threat of damage from inflation. CBC's Peter Armstrong explains why inflation risks are a 'dual crisis' with the continuing damage from U.S. trade uncertainty, and RBC senior economist Claire Fan reacts to the central bank's warning that the risk of price hikes spreading increases as the war stretches on. Plus, Abacus Data's David Coletto and Leger's Sébastien Dallaire dissect the numbers underlying the Liberals' big lead in recent polling.🎙️ Behind every headline is a decision-maker. Behind this show is you.🙏 [Support Power & Politics] 🙏
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Iran war throws Canada's economy into the unknown
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