US EditionChampagne says world economy showing signs of resilience in face of U.S. trade war
The International Monetary Fund forecasts Canada as the second-fastest-growing G7 economy in 2026 despite ongoing U.S. tariffs and trade uncertainty, Finance Minister Champagne said.
- At IMF headquarters this week, Finance Minister François-Philippe Champagne said a new International Monetary Fund report finds the global economy showing resilience despite U.S. tariffs and trade uncertainty.
- U.S. tariff actions have expanded duties on Canadian goods not compliant with the Canada-U.S.-Mexico-Agreement, including a global 10 per cent softwood lumber levy announced last month.
- The IMF projects Canada will rank second among G7 growth rates next year at 1.5 per cent despite being "hit hard" by U.S. tariffs and lowered forecasts.
- Canada-U.S. Trade Minister Dominic LeBlanc is back in Washington this week to resume talks after no deal emerged from Prime Minister Mark Carney's Oct. 7 meeting, and Ottawa will table a federal budget on Nov. 4 promising `generational investments`.
- The IMF projected global growth will slow from 3.3 per cent in 2024 to 3.2 per cent in 2025 and 3.1 per cent in 2026, warning that U.S. tariffs and protectionism tilt risks to the downside.
26 Articles
26 Articles
Finance minister says world economy showing signs of resilience in face of U.S. trade war
Finance Minister François-Philippe Champagne said a new International Monetary Fund report shows while the global economy is showing resilience in the face of U.S. tariffs, trade uncertainty is holding it back.
Canada's Finance Minister, François-Philippe Champagne, said on Wednesday that a new report from the International Monetary Fund (IMF) shows that, while the global economy is showing resilience to US tariffs, trade uncertainty is holding it back.
Winnipeg Free Press
Champagne says world economy showing signs of resilience in face of U.S. trade war
Breaking News, Sports, Manitoba, Canada
Champagne says world economy showing signs of resilience in face of U.S. trade war - Wings Magazine
Finance Minister François-Philippe Champagne said a new International Monetary Fund report shows while the global economy is showing resilience in the face of U.S. tariffs, trade uncertainty is holding it back. Champagne is in Washington this week to attend the fall meetings of the G7 and G20 finance ministers and the annual gathering of the International Monetary Fund and World Bank Group. “The world is looking for stability and predictability …
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