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

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.Welcome to The Owl Mortgage Podcast, hosted by Vince Gaetano and co-host Cristina Minatel.Each week, Vince and Cristina break down the latest news, market trends, lender updates, and mortgage announcements affecting Canadians. From interest rates and housing policy to insider industry insights and practical advice for homebuyers, homeowners, and investors, they make complex topics easy to understand.Whether you're buying your first home, renewing your mortgage, refinancing, or simply trying to stay informed, you'll get honest conversations, expert analysis, and a few laughs along the way.Tune in every week for new episodes and discover the information that could help you make smarter mortgage decisions.For more information, be sure to visit  https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/