Canadian Traders Pivot to Safe Bets as Tariff Threats Ramp Up

Date:

February 3, 2025

Canadian money managers are gearing up for more turbulence in trading this week after an escalating trade war sparked Monday’s sharp selloff.

Bloomberg News

Stephanie Hughes and Geoffrey Morgan

Published Feb 03, 2025 • 3 minute read

A Canadian Pacific train carrying coal departs a rail yard in Revelstoke, British Columbia. Photo by James MacDonald /Bloomberg

(Bloomberg) — Canadian money managers are gearing up for more turbulence in trading this week after an escalating trade war sparked Monday’s sharp selloff.

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Bay Street money managers are moving into safer assets after US President Donald Trump moved towards finalizing tariffs against Canada with an executive order over the weekend. Canada responded by promising that retaliatory…

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Canadian Traders Pivot to Safe Bets as Tariff Threats Ramp Up

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Canadian Traders Pivot to Safe Bets as Tariff Threats Ramp Up

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