President Trump’s 25% tariffs on imports from Canada and Mexico, and 10% on Canadian energy, will raise core consumer prices in the U.S. by 0.6%, Goldman Sachs economists predicted. “We would not rule out a last-minute pause in the tariff,
Jacob Rees-Mogg, the Conservative MP, labelled Mr Carney the “high priest of project fear”. He survived the outcry and left the bank in 2020, laying the groundwork to assume leadership of Canada’s beleaguered Liberals, despite never having sat as an MP in the House of Commons.
The storied investment bank has forecast GDP growth to come in below Wall Street’s consensus for the first time in 2½ years.
Canada’s next prime minister met with outgoing prime minister Justin Trudeau on Monday and vowed a quick transition. Mark Carney said