Businesses adapting supply chains but AI productivity gains uncertain
1 Sep 21 11:11 AM · 2d ago · 2 articles · 2 posts · 1 comment · 3 sources · development 1 of 1
Since the start of the US-Canada trade war, Macklem noted evidence that businesses are reducing tariff exposure through supply chain changes and sourcing strategy shifts, and adopting AI technology, though productivity impacts will take time to show.
“If these new tariffs remain in place, growth could be roughly halved in the fourth quarter, to below 1%.”
Tiff Macklem, Bank of Canada Governor · rss ↗
Tiff Macklem Bank of Canada GovernorBank of Canada Central bank
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first by Investing.com News, 2d ago · also Financial Post
2 more headlines
- Bank of Canada says new US tariffs could slash fourth quarter growth Investing.com News · 2d ago
- Bank of Canada governor warns new tariffs could cut fourth-quarter growth in half Financial Post · 2d ago
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It’s only that way because that’s what the ownership class demands, it doesn’t have to be that way
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