Both of the things you said are true. The tariffs the U.S. is imposing on Canada are about 6%, on average. The reality is that there are very high tariffs affecting a few sectors, whereas there are almost none in the rest of the economy—
November 5th, 2025 / 5:05 p.m.
Governor, Bank of Canada
Both of the things you said are true. The tariffs the U.S. is imposing on Canada are about 6%, on average. The reality is that there are very high tariffs affecting a few sectors, whereas there are almost none in the rest of the economy—
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