The federal government’s ambitious plans to boost defence spending will require more than operational spending cuts, although Canada’s favourable fiscal position leaves plenty of scope to borrow. Otherwise, President Donald Trump’s latest tariff threats will do little more than extract concessions, given that USMCA-compliant goods will remain tariff-free.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services