As Canadians flex their patriotic muscles and hold “elbows up” in response to punishing U.S. tariffs, many might be surprised that another economic crisis has been percolating here for years — from inside the country.
It effectively dropped Canada into recession months ago, has left us as poor as the residents of Alabama and is so dire, the usually circumspect Bank of Canada warned it’s time to “break the glass” and sound the emergency.
For this at least, U.S President Donald Trump can’t be blamed.
