Since Donald Trump took office (again), all bets are off for Canada’s economic outlook. Most of us expected solid growth and cooling inflation in 2025—but things have taken a wild turn.

His policies—tariffs, deregulation, government cuts, and geopolitical shakeups—are hitting close to home. And if you’ve felt uncertain lately… you’re not alone.

Welcome to VUCA

VUCA = Volatility, Uncertainty, Complexity, Ambiguity. Originally a military term, it now perfectly sums up today’s economy.
Confidence among Canadian consumers is at a decades-low. Stock markets are rocky, interest rates are sliding, and our currency is yo-yoing.

Canada Takes the Heat

On April 2, the US announced new tariffs—especially targeting countries like Canada that have their own trade protections.
Steel and aluminum exports (where we’re a major US supplier) now face 25% tariffs. That means higher costs, potential layoffs, and price hikes for consumers.

Is Stagflation Coming?

Fed Chair Jay Powell says the inflation could be “transitory”… but rising prices could lead to wage demands and possible stagflation—a combo of high inflation + low growth. Not great.

What This Means for You

Interest rates will likely fall, and as home prices soften + more listings hit the market, we might finally see buyers return this Spring. If you’ve been waiting to make a move, this could be your moment.

Stay informed, stay ready. This economy is unpredictable—but with smart decisions, you can still get ahead.