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The Canadian economy and the surprising case for optimism

On this episode of WONK, RBC Chief Economist Frances Donald talks to Amanda Lang about the ‘fragmentation’ of the economy and why Canada is at a ‘turning point’

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Publié:10 septembre 2025

Canada just recorded a quarter of negative growth. It sits on the edge of a potential recession. U.S. tariffs continue to hit the economy hard. Meanwhile, the country is plowing ahead with plans to build mega projects and diversify trade. We are, to put it mildly, at a pretty consequential fork in the road. Host Amanda Lang talks to one of Canada’s top economists, Frances Donald, about the challenges ahead and the surprising case for optimism. As the chief economist at Canada’s biggest bank, RBC, Donald’s insights and pronouncements on both the Canadian and the U.S. economies are vital. And in this climate of unprecedented uncertainty, needed more than ever. 

Listen now anywhere you get your podcasts.

And watch full episodes on YouTube.

Listen to more episodes from Season 2 of WONK:

« Des tables plus grandes, des récits plus riches, un impact plus large. »

Inez Jabalpurwala, Présidente-directrice générale du Forum des politiques publiques

Notre travail rassemble des dirigeants accomplis et de nouvelles voix qui produisent des idées pratiques et robustes pour des politiques au service de tous les Canadiens.