Big Canadian banks had good profits this quarter, but they're worried! President Trump might put high taxes on things Canada sells to the U.S. This could hurt Canada's economy.
The bank bosses want the Canadian government to help. They want less red tape (rules) for businesses and better trade between Canadian provinces.
They also want Canada to make it easier to get resources like minerals out of the ground.
- Canadian banks made more money than expected.
- High taxes on Canadian goods to the U.S. are a big worry.
- Bank leaders want the government to reduce rules and improve trade.
| Problem | Possible Result |
|---|---|
| High U.S. taxes on Canadian goods | Less growth, job losses, higher prices |
| Canadian trade barriers | Lower productivity and competitiveness |
