CTV: Stephen Poloz — who is now a special adviser at Osler, Hoskins and Harcourt — said growth in Canada is only at about one per cent, and the economy is still “digesting” U.S. President Donald Trump’s tariff regime.
“It’s not about somehow avoiding all that,” Poloz told CTV Question Period host Vassy Kapelos in an interview airing Sunday. “Then on top of that, we’ve got this oil shock.”
“Can we do some offsets? Like, for example, the government changes the tax structure on gasoline. That’s a mitigant, a short-term kind of offset,” he added. “But really, for the Trump tariffs, what we need is to find replacements, as opposed to offsets.”…