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Running up debts to buy foreign goods is unsustainable in the long term. Identifying the problem is simple, but we see no easy or quick escape for the U.S. from the imbalances built up over the last four decades.
David Chilton talks about inheritance tax in Canada and filing a final tax return.
Starting April 5th, the U.S. is imposing 10% baseline tariffs, with most countries facing a tariff rate that appears to be based on a calculation of trade deficits as a share of exports from that country.
The Bank of Canada lowered its benchmark interest rate again in March, this time to 2.75% from 3%.
Although trade policies are evolving and government responses remain uncertain, here is a summary of what we know.
Tariffs can have many economic impacts, but we think investors should focus on the economic and political goals that are driving decision-making.
The Bank of Canada lowered its benchmark interest rate in January to 3% from 3.25% amid ongoing uncertainty over the threat of U.S. tariffs.