Michael Gregory

Scott Bryson, Vice Chair of BMO Wealth Management, and Michael Gregory, Deputy Chief Economist at BMO Financial Group, dive into Canada’s political and economic shifts after Mark Carney’s election as Prime Minister. They discuss how global trade dynamics and tariffs have shaped Canadian voter sentiment. The duo highlights Carney's ambitious vision for economic growth and energy supremacy, emphasizing the importance of streamlined infrastructure projects. They also outline the potential impacts of new policies on GDP growth and the Canadian oil and gas sector, marking a path toward energy leadership.

Michael Gregory, Managing Director and Deputy Chief Economist at BMO Capital Markets, and Yung-Yu Ma, Chief Investment Officer at BMO Wealth Management U.S., share insights on the economic repercussions of recent reciprocal tariffs between Canada and the U.S. They discuss the potential for recession in Canada and rising inflation in the U.S., along with the uncertainty it brings to markets. The duo emphasizes the importance of cautious investment strategies and the ongoing challenges faced by the Federal Reserve in balancing growth with inflation.

Michael Gregory, Managing Director and Deputy Chief Economist at BMO, shares his insights on U.S. tariffs and their impact on both countries' economies. He discusses the implications for economic growth, inflation, and the Canadian dollar. The conversation reveals how tariffs shape Canada-U.S. trade relations, stressing the need for Canada to diversify its trade partnerships. Gregory also offers strategies for staying optimistic in economic downturns and suggests disciplined investment approaches for 2025, highlighting the potential of both the U.S. and Canadian markets.