Bank of Canada warns new US tariffs could cut Q4 growth
Bank of Canada Governor Tiff Macklem said new US tariffs could slash Canada’s fourth-quarter growth to below 1%, citing heightened uncertainty that could weigh on investment and hiring.
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BoC's Gov. Macklem: If new US tariffs remain in place, Q4 growth could be roughly halved to below 1%.
BoC's Gov. Macklem: If new US tariffs remain in place, Q4 growth could be roughly halved to below 1%.