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Bank Of Canada’s Macklem Says Q4 Growth Could Be Roughly Halved If New U.S. Tariffs Remain In Place; Would Expect Inflation To Edge Up In Coming Months If Oil Prices Stay Near $100/Barrel; Fuel Prices Have Risen More Than Normally Expected, Reflects Damage To Global Refining Capacity Haven't Seen Evidence Higher Oil Prices Are Spreading To Other Goods And Services
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Bank Of Canada’s Macklem Says Growing Evidence Many Canadian Businesses Have Started To Adapt To U.S. Tariffs; Expects That Growth In Labor Force Will Be Close To Zero Over Next Few Years