As the G7 looms, the worst tariff impacts are yet to come
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As the G7 looms, the worst tariff impacts are yet to come
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It's been a few months now since the United States placed the first in an ever-changing series of tariffs on Canadian products. And our economy, so far is doing ... alright? Not great, of course, but Canada has not yet been plunged into a recession. Does that showcase our resilience? Might we not suffer as much as originally thought? That's still to be determined.
The next couple of months will tell us a great deal about the impact of Trump's tariffs, and meanwhile the American president himself is coming to Canada next week for a G7 meeting. With that milestone approaching, and new economic data on the horizon, Jordan speaks to Jim Standford, an economist and the Director the the Centre for Future Work, to get a sense of what we might see over the next few months, how we can prepare for it, and what the Canadian government should hope to achieve at the G7—in spite of the presence of Donald Trump.
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