Bank of Canada Governor Mark Carney issued a national address and a video message warning of 'tough times ahead' due to the economic impact of retaliatory tariffs.
In the address, Carney emphasized the growing challenges posed by retaliatory tariffs, which he said threaten Canada’s economic stability.
The warning was also shared in a separate video message, reinforcing the urgency of the economic risks tied to trade measures.
The Globe and Mail published a video of Carney’s national address, where he detailed the potential consequences of retaliatory tariffs on the economy.