With the U.S. elections taking place Tuesday, many Canadians are wondering what impact the results will have on our Canadian economy and the markets.
Economist Gary Hufbauer, non-resident senior fellow at the Peterson Institute for International Economics discusses the potential implications on the Canadian economy from a Kamala Harris or Donald Trump win.
In this interview in the above video, Hufbauer covers the differences between the top two presidential candidates and how that translates to Canadians in areas such as exports, trade agreements and the lumber, fishing, dairy, automotive and mining industries.
He looks at how the automotive industry may benefit following the election and discusses the 10 per cent tariff Trump has indicated he will put on imports from everywhere, including Canada.
Be sure to stay up to date on all the latest stock market news at Stockhouse.com.
Join the discussion: Find out what everybody’s saying about public companies and more by checking out Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.