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Stock impact report

Analysis-Trump tariffs threaten to derail Canada's economic recovery [Yahoo! Finance]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Yahoo! Finance
and will fuel rise in consumer prices and unemployment, potentially triggering a recession. Canada relies on the United States for 75% of its exports and a third of all imports. Its dependency on trade for economic growth leaves Canada vulnerable to a protracted trade war. The Canadian economy had started showing signs of improvement after several anemic quarters thanks to six consecutive interest rate cuts from the Bank of Canada. Canada's fourth quarter annualized economic growth was 2.6%, surpassing expectations and the unemployment rate dipped thanks to robust job additions in January. The growth spurt may be short-lived, however, depending how long tariffs are in place. "If the tariffs are sustained indefinitely, it would almost wipe Read more
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