What-if scenarios
AI-built hypothetical scenarios that start from official statistics and step through what could happen next. They are not forecasts.
- Hypothetical If the US imposed sweeping, lasting tariffs on Canadian goods: three scenarios
Canada is a trade-heavy economy. Exports made up 31.33% of GDP in 2025, and total trade reached 63.51% of GDP. Growth was already slowing and unemployment was already rising before this hypothetical shock begins. This analysis follows three paths. In the mild path, firms absorb and reroute the shock. In the central path, a lasting tariff wall slowly drags on factory towns and household budgets. In the severe path, retaliation and uncertainty push Canada into a downturn. These are AI-generated hypotheticals, not forecasts.