The article discusses five key areas to watch in Canadian business for 2025:
- Impact of US politics on Canada: The author notes that while the United States is experiencing significant political change, including a federal election and potential changes to trade policies under President Biden’s administration, these developments could have spillover effects into Canada.
- Canadian stock market performance: Analyst Davelle Morrison expects Canadian stocks to outperform US stocks in 2025 due to their relatively low valuations and potential for growth.
- Housing market recovery: After a tough year in 2024, the housing market is expected to improve in 2025 with lower interest rates and increasing affordability.
- Labour unrest and union negotiations: Labour unions have been active in Canada, pushing for higher wages to make up for lost buying power due to inflation. The author notes that these efforts may continue into 2025.
- Potential Conservative government victory in federal election: With a wide lead in the polls, the Conservatives are poised to potentially win a majority in the House of Commons in the upcoming federal election.
These five areas highlight key concerns and opportunities for Canadian businesses in 2025, including the impact of US politics on trade policies, stock market performance, housing market recovery, labour relations, and potential changes in government.