周五，标准普尔/多伦多证交所综合指数下跌1.6%，收于24759点，抹去了周涨幅，整体下跌0.8%，因为投资者在美国关税迫在眉睫、GDP增长乏力和通胀担忧的情况下保持谨慎。特朗普总统最近宣布对外国制造的汽车征收25%的关税，加剧了人们对贸易紧张局势升级的担忧，这与卡尼总理对潜在报复措施的严厉警告相辅相成。与此同时，初步数据显示，加拿大2月份GDP停滞不前，加剧了人们对更广泛经济放缓的担忧。在美国方面，长期通胀预期飙升至1993年以来的最高水平，而2月份核心个人消费支出增长了2.8%，迫使美联储维持更高的借贷成本。九个主要行业中有八个出现亏损，Shopify以5.7%的跌幅领先，而布鲁克菲尔德和加拿大太平洋铁路分别下跌了4.2%和3.1%。

The S&P/TSX Composite Index dropped 1.6% to close at 24,759 on Friday, wiping out weekly gains to register an overall 0.8% decline, as investors remained cautious amid looming US tariffs, tepid GDP growth, and inflation worries. President Trump’s recent announcement of a 25% tariff on foreign-made cars has exacerbated fears over escalating trade tensions, compounding with Prime Minister Carney’s stark warning of potential retaliatory measures. Meanwhile, preliminary data indicating that Canadian GDP stagnated in February has intensified apprehensions about a broader economic slowdown. On the U.S. front, long-term inflation expectations soared to their highest level since 1993, while the core PCE rose by 2.8% in February—pressuring the Federal Reserve to sustain higher borrowing costs. Eight out of nine major industries traded in the red, with Shopify leading the decline with a 5.7% drop, while Brookfield and Canadian Pacific Railway fell by 4.2% and 3.1%, respectively.

加拿大总理卡尼：加拿大将实施报复性关税。加拿大总理卡尼在与特朗普和ssys的通话中发表评论：加拿大将实施报复性关税，称将在加拿大大选后与特朗普就经济和安全问题进行对话。他说打电话给总统。

Canada PM Carney: Canada will implement retaliatory tariffs.Canada PM Carney is commented on call with Trump and ssys: Canada will implement retaliatory tariffs Says will talk to Trump on the economy and security after the Canadian election. He says call with Pres.

2025年1月，加拿大政府预算赤字为51.3亿加元，比2024年1月的20.6亿加元赤字有所扩大。在2024/25财年的前十个月（4月至1月），该国赤字为268.5亿加元，高于去年同期报告的256.7亿加元。项目支出增长了10.9%，反映了各个类别的增长。公共债务费用增加了16.2%，主要是由于可销售债券存量的增加。与此同时，政府收入增长了10.9%，主要是由于个人所得税收入和其他税收和关税的增加。

Canada's government budget recorded a deficit of CAD 5.13 billion in January 2025, widening from a CAD 2.06 billion deficit in January 2024. During the first ten months of the 2024/25 fiscal year (April–January), the country posted a deficit of CAD 26.85 billion, up from the CAD 25.67 billion deficit reported in the same period a year earlier. Program expenses rose by 10.9%, reflecting increases across various categories. Public debt charges increased by 16.2%, primarily due to a rise in the stock of marketable bonds. Meanwhile, government revenues climbed by 10.9%, largely driven by higher personal income tax revenue and other taxes and duties.

加拿大经济在1月份大幅增长，但近期增长有望降温。加拿大经济增长始于2025年，环比增长0.4%。这比加拿大统计局和普遍预期的0.3%的m/m涨幅高出一点。

Canada's Economy Surged in January, But Near-Term Growth Poised to Cool.Canadian economic growth started 2025 on strong footing, growing by 0.4% month-on-month (m/m). This was a tick above Statistics Canada's and consensus expectations for a 0.3% m/m gain.