A post-election special from BMO ETFs and alternatives strategist Bipan Rai and guest Ali Jaffery, executive director and senior economist at CIBC. Housing, infrastructure and defence spending are top priorities for the newly elected Liberal government. However, the pair discuss how rising trade and recession risks could upend that agenda and force new stimulus measures instead. This podcast was recorded live on April 29, 2025.

*Nominal GDP measures the total value of goods and services produced in an economy using current prices, while real GDP adjusts for inflation, using constant-dollar prices.

*The USMCA stands for the United States-Mexico-Canada Agreement.

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E5 – New Liberal Government Confronts Rising Recession Risk in Canada

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E5 – New Liberal Government Confronts Rising Recession Risk in Canada