How did Canada get into an economic slump?

2026-02-05

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The Bank of Canada has described what happened to the economy in 2025 as a shift away from normal trade relations with the United States and elevated uncertainty for households and businesses. While Bank of Canada Governor Tiff Macklem has said what happens with the economy this year—and for interest rates—will be determined by the upcoming USMCA trade talks, today's guest argues there are much larger structural issues where you could argue the economy is already in a recession and needs dramatic pol...

The Bank of Canada has described what happened to the economy in 2025 as a shift away from normal trade relations with the United States and elevated uncertainty for households and businesses.

While Bank of Canada Governor Tiff Macklem has said what happens with the economy this year—and for interest rates—will be determined by the upcoming USMCA trade talks, today's guest argues there are much larger structural issues where you could argue the economy is already in a recession and needs dramatic policy changes by the federal government.

Host Mike Eppel speaks to David Rosenberg, President and Founder, Rosenberg Research to discuss their predictions on the Canadian dollar and interest rates.

Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

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