Monday
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Economists warn rising recession risks from tariff uncertainty could push the Bank of Canada to cut rates further despite modest growth forecasts for 2025.
Sources
Canadian, Economy
To recap week of Apr 14 – Apr 20, 2025
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This week, Canadian news spotlighted rising recession risks as tariffs unsettle the housing market and consumer confidence drops. Policymakers shift from monetary to fiscal tools to stabilize growth, while efforts toward interprovincial economic unity offer a glimmer of hope amid uncertainty.
Tuesday
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The Canadian economy is under pressure as new tariffs unsettle the housing market and spark business concerns. Homebuyer stress and falling employment hint at wider economic challenges.
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Wednesday
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Amid rising trade frictions, Canada shifts focus from monetary to fiscal tools to counter a developing economic slowdown. Targeted measures aim to cushion growth as policymakers brace for challenges.
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Thursday
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Canadian consumer confidence hit a record low as discretionary spending slowed, despite stable broader spending trends. Market participants remain wary amid growing economic apprehensions.
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Friday
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Canadian economic news today highlighted a sharp decline in cross-border shoppers affecting local businesses due to tariffs, while activists launched a campaign demanding stronger economic protections amid trade tensions.
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Saturday
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Ontario leads rapid progress toward a single Canadian economy as Ottawa and the provinces dismantle interprovincial trade barriers, marking a clear shift in national economic integration.
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