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The Canadian economy is already on shaky ground, and the last thing we need is the threat of a trade war. I’ve no doubt Trump will hit us with tariffs, which would likely stall our economic growth, further weaken our dollar, and force the BoC to rethink rate cuts. Our main economic driver which is RE s just a month or two of bad economic news away from a deep freeze. Throw in geopolitical drama, wars, and Germany teetering on the edge of a full blown recession that could ripple across Europe, and next year’s outlook for us is looking quite bleak.
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