Donald Trump’s proposed 25 % “reciprocal” tariffs would ripple into Canada through financial markets long before any goods clear customs, creating a two‑phase mortgage‑rate story for 2025‑26. Here’s what could unfold beginning in Q2 2025 and how you might benefit.

Canadian consumers are cutting back on spending as inflation, rising interest rates, and economic uncertainty squeeze wallets. Learn the key factors behind this pullback and its broader economic impact.