Canada faces economic challenges as Trump returns to power in 2025

theglobeandmail.com

In 2025, Canada faces significant economic challenges as Donald Trump returns to power in the U.S., leading to increased tariffs and trade tensions. This shift raises concerns about a potential brain drain of skilled workers to the U.S. and a need for tax policy reform in Canada. Canada's immigration system is under pressure, with a growing number of temporary residents and reduced immigration targets. This could lead to a rise in individuals without legal status as the government struggles to manage the situation amid changing policies. Additionally, Canada’s fertility rate has dropped to a record low, raising concerns about long-term population sustainability. The country must address these demographic trends while ensuring economic growth and stability in the face of evolving challenges.


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