May 2025 - Andersen Brethour Report

This month’s key insights include:

✅ Canada's Growing Oil Exports to China – Alberta's energy sector thriving amid U.S. - China tensions

✅ Economic Uncertainty in the U.S. – Trump's reciprocal tariffs are shaking investor confidence

✅ Canadian Housing Market Weakness – Ontario single-detached starts are down 40% year-over-year

✅ Bank of Canada's Rate Strategy – Holding firm on rates despite economic slowdown



✅ Resilience in Oil and Natural Gas – Strong demand for Canadian exports in Asia-Pacific markets