Canada is bound for a ‘semi-recession’ even without tariffs: CIBC’s Benjamin Tal

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Open this photo in gallery: CIBC's Benjamin Tal at his Toronto office on Friday, June 7, 2019.Tijana Martin/The Globe and Mail 2025 will be a tale of two halves for the Canadian economy, according to CIBC’s deputy chief economist Benjamin Tal, with U.S. President Donald Trump’s tariff threats triggering a semi-recession in the first half of the year. On Feb. 14, The Globe and Mail spoke with Mr. Tal who shared his thoughts on tariff threats and provided his outlook on the economy, markets and interest rates. The stock market has been resilient with major North American indexes trading at...