Welcome to the latest episode of Make Money Count! In this episode, Marcus & Justin discuss the complex relationship between U.S. tariff policies, inflation, and the broader economy. As global markets react to these economic changes, understanding their impact on everyday expenses, mortgage rates, and long-term investments becomes important.
Inflation and Tariffs: A Global Game of Chicken
Inflation in the U.S. is climbing, with the CPI up 0.5% and egg prices soaring 15%. Marcus described the situation as a “game of chicken,” with Trump’s tariff policies steering the economy toward uncertainty. Why does this matter to Canadians?
The Auto Industry as a Case Study
Tariffs on materials like steel and aluminum drive up costs across industries, from cars to medical equipment. How much will consumers end up paying for these trade tensions?
The Impact of U.S. Inflation on Canadian Real Estate
Canadians are not immune to these economic shifts. As we share deeply integrated supply chains with the U.S., any disruption south of the border can have significant consequences here. Toronto’s industrial and employment lands, for instance, could feel the pinch if production costs soar due to tariff hikes.
Looking Ahead: Smart Strategies for Toronto’s Market
As tariffs and inflation pressures mount, Toronto’s housing market needs proactive measures. But will policymakers act in time to protect affordability?
Want to learn more about how these factors could impact your mortgage or investment decisions? Tune into the full episode of Make Money Count and stay informed with Cannect.
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