Reuters · 21 Sep, 16:11 · Business briefing

Bank of Canada says new US tariffs could slash fourth quarter growth

The Bank of Canada has issued a cautionary forecast, indicating that newly imposed United States tariffs may significantly reduce economic growth in the fourth quarter.

What it means for you ↓ Courses for this story

26%average salary uplift after a professional certificate

2.7xfaster promotion for certified professionals

71%of leaders prefer candidates who upskill continuously

20days to your first credential

The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

The Bank of Canada has issued a cautionary forecast, indicating that newly imposed United States tariffs may significantly reduce economic growth in the fourth quarter. This assessment highlights the vulnerability of the Canadian economy to external trade policy shifts. The central bank’s warning suggests a potential slowdown in commercial activity, affecting cross-border trade dynamics. Professionals should note this development as a critical indicator of macroeconomic stability. The report underscores the immediate risks associated with protectionist measures, potentially impacting investment decisions and corporate planning. Understanding these economic headwinds is essential for navigating the current business landscape effectively.

Employer demand for Risk Management Strategies skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

You must adapt your strategy to navigate this economic uncertainty. Professionals in trade, finance, and supply chain management face immediate pressure to optimise costs and mitigate risk. Your ability to forecast volatility and adjust operational plans becomes critical. Upskill in risk assessment and financial modelling to help your organisation weather the storm. Consider how tariff impacts alter your sector’s competitive landscape. Proactively identify alternative markets or suppliers to reduce dependency on affected channels. Demonstrate strategic agility by analysing data trends that signal shifting demand. Employers value professionals who can translate macroeconomic warnings into actionable business continuity plans. Focus on resilience and efficiency. Review your current projects for potential delays or cost overruns linked to trade barriers. Position yourself as a problem-solver who anticipates disruption rather than merely reacting to it. This mindset distinguishes top performers in volatile markets.

For this story, the fields that convert it into pay are Risk Management Strategies, Supply Chain, Finance and Accounting and Business And Management — exactly the programmes matched below. The chart shows the indicative salary uplift certified professionals report in each of those fields; every one of them is a click away, from £79, finishing in as few as 20 days.

Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

Enrol in these
to benefit.

These programmes position you for exactly this shift — online, self-paced, and finishing with a verifiable certificate you can share the day you pass.