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Globe and Mail: Can Canada’s economy ignite in 2026? These 14 charts illustrate our investment dilemmas

Category:Cross-Border
Updated:2026-01-01
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Karl Schamotta in this morning's Globe and Mail charts insert: "Alfred Hitchcock once remarked: “There is no terror in the bang, only in the anticipation of it.” Something similar may describe the mood surrounding Canada’s economy. Measures of policy uncertainty have surged well beyond those in peer countries over the past year, reflecting justified concerns about Canada’s exposure to U.S. demand, the prospect of a broader downturn in global trade and the risk of further external shocks. Yet the lived reality has been far less dire. With effective U.S. tariff rates on Canadian exports remaining well below those faced by most other trading partners, Canada’s competitive position has arguably improved. Our exports are holding firm, employment in affected industries has remained remarkably stable and the episode has helped spur a renewed policy focus on enhancing competitiveness. In our view, this gap between uncertainties and on-the-ground realities represents an opportunity for forward-looking Canadians to invest and position themselves for a stronger future."

Read the article here.

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