The Port of Vancouver last month. Trade is crucial to the Canadian economy, and there are signs of a global slowdown — a possible signal central banks can call off interest rate hikes.As Canadians wait for Tuesday's latest domestic inflation reading and real estate sales data, a flurry of economic signals at home and around the world may be telling us that the long path of painful increases in interest rates has done its work and come to an end.
But an examination of world events — from the impact of a climate crisis to declining trade to fears of a meltdown in the world's second-largest economy — may imply Canadians could get more of a slowdown than they have been bargaining for.Perhaps the biggest portent for Canadian inflation were the figures released last week from our southern neighbour. While the U.S.