The Beavis Wealth Podcast

Bank of Canada: "This Damage Is Permanent"


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In this episode, I unpack the Bank of Canada’s latest report, which reveals a structural shift in the nation’s economy due to U.S. tariffs and demographic slowdown. Growth is stagnating, jobs are vanishing, and the Bank admits there’s little it can do. I break down just how serious this moment really is.

Also in this episode:

📉 U.S. tariffs have slashed Canadian exports and GDP, causing long-term structural damage.
👷‍♂️ Manufacturing job losses are rising as demand from the U.S. collapses.
📊 Immigration is slowing sharply, reducing the economy’s growth potential.
đź’¸ Inflation remains stuck near 3% despite economic weakness.
🏦 The Bank of Canada admits monetary policy can't fix these structural shifts.

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Beavis Wealth Disclaimer:

The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

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The Beavis Wealth PodcastBy Brandon Beavis, Marc Beavis

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