A possible trade war could swiftly lead to a jump in unemployment and loan defaults, putting the boom in Canadian bank shares at risk. This is according to experts at the national bank of Canada. Following its best year since 2021, an index of Canada's biggest lenders has increased by 4.5 percent since Donald Trump's victory. This week, despite the US President's threat of tariffs on Canada, the surge in banks continued.

Trump's tariff threat to weigh on Canada

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Trump's tariff threat to weigh on Canada