Bank of Canada Governor Tiff Macklem said on Thursday a policy shift in the U.S. was causing uncertainty and President Donald Trump's tariff threats were already impacting businesses and households.
A delay to US tariffs on goods from Mexico and Canada has done little to suggest Trump will change his course on trade levies.
President Donald Trump has agreed to a pause on tariff's against Canada and Mexico. If they are reimplemented, there could be conflict between between Canada and the U.S.