As an investor, I know that uncertainty is terrible. It increases the cost of capital, and as stated in the question, it leads to people not making important decisions, particularly around capital allocation.
I want to be clear from the point of view of the embassy in Washington. This unpredictability and uncertainty are caused by the actions of the United States of America. The section 232 tariffs, for example, on autos, steel, aluminum, lumber and pharmaceuticals, and the changing nature of those tariffs are creating unpredictability. I agree that they are bad for business and investment on both sides of the border.
