U S · Business · CA ·
U.S. tariffs could reduce Canada's fourth-quarter growth below 1 percent
The Globe and Mail · Business
Published · Updated
Earlier: Port of Vancouver handles record cargo as exports shift away from U.S.
- Bank of Canada Governor Tiff Macklem said new U.S. tariffs could slash fourth-quarter growth to below 1 per cent.
- Macklem said the tariffs could cause businesses to delay investment and hiring decisions.
- Canada's annual inflation rate is 3 per cent, above the bank's 2-per-cent target.
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