Nonconsensus

Nonconsensus

Share this post

Nonconsensus
Nonconsensus
The Frosty Economy Up North

The Frosty Economy Up North

The Canadian economy was rapidly softening even before Trump lobbed a new wave of trade fights overnight. But the short-rate, FX, and equity markets are far from reflecting this weakness.

Bob Elliott's avatar
Bob Elliott
Jul 11, 2025
∙ Paid
9

Share this post

Nonconsensus
Nonconsensus
The Frosty Economy Up North
9
Share

The Canadian economy has rapidly weakened in recent months as the continued escalating trade war has added further downward pressure to an economy already weakening. Today’s employment report will gi…

Keep reading with a 7-day free trial

Subscribe to Nonconsensus to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Bob Elliott
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share