Monday, April 28, 2025

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Monday, April 28, 2025 | Latest Paper

Macklem lays out hypothetical repercussions of Trump tariffs 

Tiff Macklem

A monetary policy report released by the Bank of Canada on Jan. 29 laid out the likely ramifications of U.S. President Donald Trump’s potential tariffs. It assumed a scenario wherein the United States does slap a 25 per cent tariff on all Canadian goods, and Canada applies a 25 per cent retaliatory tariff on American […]