Importance of Safeguarding the Canada-United States Relationship

Paul Beaudry appeared live on BNN Bloomberg to discuss the 2025 Bennett Jones Economic Outlook. He talks about the importance of protecting the Canada-United States trade relationship and the potential scenarios that could play out with President-elect Trump’s threat to impose across-the-board 25 percent tariffs on Canadian goods. Paul also shares his insights on the Bank of Canada’s latest half-point rate cut and what a slowing economy means for Canadian businesses.

The 2025 Economic Outlook presentation on December 11, 2024, featured Senior Advisor Serge Dupont and Paul Beaudry, Professor of Economics at the University of British Columbia, as they reviewed recent developments in the United States and Canada, and the potential impacts of policy shifts for output, inflation and interest rates in the two economies.