There are signs that the Canadian economy is adapting well to the ongoing trade tussle with the U.S. and to higher energy prices. Ottawa’s drive to rapidly reorient the economy by strengthening internal trade, finding new markets, spending heavily on defence and infrastructure, and supporting major natural resource projects appears to be bearing some fruit. Still, growth remains somewhat sluggish, while inflation remains somewhat sticky. Meantime, the U.S. economy has remained resilient, and financial markets have been strong, both powered by the AI buildout. What does this mean for the Canadian dollar, housing, and domestic markets and inflation? Douglas Porter, Chief Economist of BMO Financial Group, will address these issues in his outlook, with a particular eye on food prices.