
How to protect your money during a trade war
On Wednesday, Trump imposed 25% tariffs on steel and aluminum, with Canada hitting back with counter levies on nearly $30 billion dollars worth of U.S. goods. In response to the ongoing trade war, the Bank of Canada cut its interest rate to 2.75% as the trade war rattles the economy.
Between stock market downturns, increasing fears of a recession, and the volatility of U.S. President Donald Trump’s on-again-off-again tariffs, Canadians are on edge.
As economic unpredictability becomes the norm, a lot of us are feeling nervous about our finances. Today, the Globe’s personal finance columnist…
The skinny
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