Northern Trust’s latest Weekly Economic Commentary provides a timely analysis of Canada’s economic challenges amidst shifting trade dynamics, softening sentiment indicators, and geopolitical uncertainty.
- Tensions with the U.S., including new tariffs and compliance frictions under USMCA, have raised trade costs and strained political relations.
- Domestic reform, Arctic sovereignty, and a “Buy Canadian” movement offer strategic long-term growth opportunities.
- Weak consumer confidence and business sentiment suggest rising recession risk, even as hard data remains stable.
Access the full report and explore the implications for North American and global markets.
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