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The high level of uncertainty in recent months caused by the threat of tariffs may have already resulted in some economic impact in the form of slower spending, investment, and activity.
The Bank of Canada lowered its benchmark interest rate again in March, this time to 2.75% from 3%.
While many people, including ourselves, are “tariff-ed” out at this point.
Although trade policies are evolving and government responses remain uncertain, here is a summary of what we know.