Source Feed: The Globe and Mail
Publication Date: March 12, 2025 - 13:36
Bank of Canada governor says trade war is different for the economy than COVID
March 12, 2025
The COVID-19 pandemic eventually brought a rapid recovery for the economy, but Bank of Governor Tiff Macklem says don’t expect the same to happen if the country winds up in a trade war. He says trade tensions would mean less investment in the country from businesses and there’s only so much monetary policy can do to help.
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