Now what real economists has to say considering the US imposes 25% tariffs:

The economy slumps 4% (twice as bad as COVID); unemployment goes up 2% (it’s now 6.8%); inflation drops to almost nothing (1%); and the Bank of Canada slashes interest rates by almost 300 basis points (basically back to 0%).

Yes, the pandemic redux. Big drop in lending rates, major job losses among trades, factory workers, and in agriculture, while real estate is fed by cheap money and the wealth divide yawns far wider.

If we fight back, more pain.
Taxing US imports while our dollar is low and our exports punished will layer serious inflation over a stagnant economy dealing with job loss and contraction. As a result, the Central Bank will likely raise borrowing costs to try to stem the explosion in grocery prices.

The economy contracts by a withering 6% (three times the pandemic); unemployment jumps to almost 10%; inflation erupts 4% higher—to triple the level now; and the central bank doubles its current policy rates, adding 3% to existing lending levels.

ANYWAY YOU CUT IT, THIS IS THE WRONG TIME TO BUY AT NOSEBLEED PRICES!