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On April 2nd, the United States announced new tariffs on products it imports from other countries ranging from 11% for the Democratic Republic of the Congo to 50% on Lesotho and Saint Pierre & Miquelon.
Canada currently faces a 25% tariff on steel and aluminum exports to the US, as well as on automobiles not compliant with CUSMA.
The value of the S&P 500 fell by 10% in the five days following the tariff announcement.
the rennie landscape | Vancouver | Spring 2025
We are pleased to present our Spring 2025 edition of the rennie landscape. Focusing on Metro Vancouver, this edition of the rennie landscape examines various facets of economic and demographic change, to provide clarity on the forces shaping our housing markets and and consider what the future may hold.
THE LATEST
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a bittersweet inflation reading
March's CPI numbers came in well below expectations and showed cooling inflation. This however, will likely be the lowest reading for some time if trade disputes continue.
Apr 2025
Article
5mins read
the bank stands pat amidst a trade spat
The Bank of Canada opted to maintain its trend-setting policy interest rate today, at 2.75%, after lowering it at each of its previous seven meetings.
Apr 2025
Article
5 min read
consumer price stability amid trade uncertainty
With the latest release of the Consumer Price Index (CPI) data from Statistics Canada, inflation has once again trended back towards the Bank of Canada’s target of 2%.
Apr 2025
Article
3 min read
tariff decrees bring hiring freeze
Canada shed almost 33,000 jobs in March, which was the single largest monthly decline in national employment since January 2022.
Apr 2025
Article
3 min read
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The Seattle Rennie Review | April 2025
April
The uncertainty associated with Canada's ongoing trade scuffle with the United States is weighing down housing demand.
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PODCASTS
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trade tiffs & housing riffs: wonking out with Brendon Ogmundson
March 2025 • Episode 73
should Canadians be tariff-ied of what's to come?
February 2025 • Episode 72
the 2025 rennie outlook (and more!)
January 2025 • Episode 71