Trump's 50% Tariffs, a Falling Loonie & the Gordie Howe Bridge Deal

The Bank of Canada says the Canadian economy is beginning to improve, inflation has fallen to 2.8%, the TSX has reached another all-time high and Canadian consumers continue to spend.

So why does the economic outlook still feel so uncertain?

In the August 2026 Economic Update, Darren and Christina break down the proposed 50% U.S. tariffs on certain Canadian products, the latest movement in the Canadian dollar, what's driving the Canadian and American stock markets, and why major institutions continue buying Bitcoin.

They also examine the growing disconnect between the federal government's promise to build 500,000 homes annually and CMHC's forecast that Canadian housing starts will decline over the next several years.

Darren also digs into the newly opened Gordie Howe International Bridge, why the project is great news for Canadian trade and the unanswered questions surrounding the revised revenue-sharing agreement with the United States.

Plus, they discuss the difference between mortgage insurance and personally owned term insurance, Manulife's growing use of AI, Control & Compound's new Instagram account and the episodes coming in August.

*** Follow the new official Control & Compound Instagram account: @controlandcompound_

Show notes:

00:00 - Canada's August Economic Update

03:54 - Bank of Canada Holds Interest Rates

06:42 - Inflation Falls but Groceries Keep Rising

08:15 - What's Pushing Down the Canadian Dollar?

10:30 - The TSX Outpaces the S&P 500

15:02 - Bitcoin Rebounds as Institutions Keep Buying

18:54 - Canada's Housing Market Begins to Stabilize

20:55 - The Government Promised 500,000 Homes a Year

23:13 - The Gordie Howe Bridge Is Officially Open

25:42 - Questions About the Revised Bridge Agreement

30:38 - Trump's Proposed 50% Tariffs

32:34 - Some Positive News for Canada's Economy

34:36 - Term Insurance Versus Mortgage Insurance

37:04 - How Manulife Is Using AI

39:07 - Control & Compound's New Instagram Account

41:18 - Recent Episodes and What's Coming in August

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound_

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us