What you need to know:

1. The Iran war has reverberated across the various asset classes and will have implications for the Canadian economic outlook.
2. From a growth perspective, we assess the potential impact on Canada’s terms of trade, business investment and the Canadian consumer.
3. Firmer energy prices present upside risks for headline inflation in 2026.
4. We examine the impact of various WTI crude oil price scenarios drawn up by RBC Economics.
5. Should inflation move farther away from the BoC’s 2% target, it may hinder the chances of potential rate cuts.

Watch the video here or read the full transcript here