In this episode of Markets Plus, Laurence Mutkin, Head of EMEA Rates Strategy, BMO, discusses four elements that will determine the reaction of the gilt market and the pound, regardless of the details of the Spring Statement. For legal disclosure, visit bmocm.com/macrohorizons/legal.

Guests Shelly Kaushik, Senior Economist at BMO, Jason Giovannetti, Director of Canadian Commercial FX Sales, and Swaroop Shenoi, Vice President of Global Transaction Banking at BMO, dive into the impact of U.S. tariffs on Canada. They discuss how Canadian businesses are adapting to economic challenges and strategies for navigating tariff-induced currency volatility. The conversation highlights the need for effective communication between businesses and experts, as well as exploring new markets and financial solutions to manage risk.

Douglas Porter, Managing Director and Chief Economist at BMO, and Yung-Yu Ma, Chief Investment Officer at BMO Wealth Management U.S., delve into the complex world of U.S.-Canada tariffs. They discuss how these tariffs are influencing economic growth, inflation, and market volatility in both nations. The conversation highlights the potential shifts in consumer confidence and strategies for investing amid uncertainty. Insights on currency fluctuations, asset allocation strategies, and the impact of potential Federal Reserve rate cuts make for an engaging and informative discussion.

Critical minerals are essential inputs in modern energy and high-tech applications, including batteries, energy storage and infrastructure, and national security. They also play an important role in the global energy transition, where demand is expected to necessitate significant investment in order to develop new mines, downstream processing capacity, and secure and resilient supply chains. In this BMO podcast, Greg Jones, Battery Materials Analyst with BMO Capital Markets, sits down with Kwasi Ampofo, BloombergNEF's Head of Metals and Mining, to discuss the complexities of the critical minerals industry and the investment outlook.

How is the metals and mining industry driving sustainable development? Rohitesh Dhawan, CEO and President of the International Council on Mining and Metals (ICMM), and Camilla Sutton, BMO’s Head of Equity Research for Canada and the UK, explore the industry’s progress, key achievements, and what’s next. During this 30-minute episode, they discuss the ICMM and its members’ progress on Consolidated Mining Standards, TNFD, decarbonization, the ‘trust deficit,’ and how the industry is contributing to sustainable development.

Oscar Johnson, U.S. Head of Commercial Sales for Treasury and Payment Solutions, BMO provides a brief introduction before Dean Gillis, Managing Director and Head of Global Trade and Global Transaction Banking, BMO moderates a timely panel discussion about the impact of trade policy on the economic outlook in the U.S. and Canada and practical ways to manage currency and interest rate risk in a changing business environment. Panelists included: Jennifer Lee, Senior Economist and Managing Director, BMO Stephanie Petti, Director of Corporate Sales and Structuring, BMO

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.

How will U.S. Tariffs on Canada impact the economy, equities, oil & gas, autos, and banks? Join us for a 25-minute discussion with BMO’s Deputy Chief Economist, Michael Gregory, Chief Investment Strategist, Brian Belski, Oil & Gas Analyst, Randy Ollenberger, Consumer Analyst, Tamy Chen and Banks Analyst, Sohrab Movahedi, recorded 24hrs before the tariffs were set to take effect (recorded on February 3, 2025).

In this episode of Markets Plus, Warren Estey, Head of Investment Banking at BMO Capital Markets, sits down with Daniel Pink, New York Times bestselling author. From how organizations can foster a culture that encourages learning from mistakes and promote continuous employee improvement to one daily habit for business leaders, Pink shares his key learnings around a wide variety of topics including leadership, motivation, discipline and regret and how they play a role in the workplace.

U.S. president-elect Donald Trump has threatened to impose 25% tariffs on all imports from Canada and Mexico on his first day in office – unless both countries deal with border security issues. Listen to our informative discussion to examine the facts and explore the implications of what this could mean for businesses and consumers.