Macklem says loss of CUSMA would mean recession for the Canadian economy

2026-02-06 - 22:05

The Canadian economy would likely fall into recession if the country loses preferential trade access to the United States under the Canada-United-States-Mexico Agreement (CUSMA), but that is not the Bank of Canada's base-case scenario despite a recent flare up in trade tensions, governor Tiff Macklem said this week. Read More