50% Tariffs Are Here: Canada's Trade Deal Collapses, Now Canadians Pay the Price

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Canada's trade negotiations with the United States have collapsed—and 50% tariffs are now in effect on billions of dollars in goods. What did Canada walk away from, who will ultimately pay for the retaliation, and what could this mean for Canadian businesses, jobs and investment?

In the September 2026 Monthly Update, Darren Mitchell and Christina Wyatt break down the escalating Canada–U.S. trade war, the unanswered questions surrounding the rejected deal, and why small and medium-sized businesses could bear the greatest cost.

They also cover Canada's latest inflation numbers, including Nova Scotia's 5% inflation rate, the Bank of Canada's next move, a slow Canadian housing market, strong stock-market performance, and Bitcoin's sudden 21% monthly surge.

Plus, Darren shares details on his upcoming book, Harvest Your Wealth, and Control & Compound's free Corporate Tax Masterclass for Canadian business owners on September 29.

Show notes:

00:00 - September update and Harvest Your Wealth announcement

02:56 - Will the Bank of Canada hold rates again?

05:00 - Inflation rises—and reaches 5% in Nova Scotia

08:31 - Canadian dollar and stock-market update

12:28 - Why Bitcoin surged 21% in one month