Canada avoided a technical recession as GDP rebounded and the Big Six banks beat earnings expectations. But tariff pressure, gold weakness, oil volatility, and renewed interest rate fears made the end of August choppy for investors.

Canada’s economy is holding up for now… but with new U.S. tariffs looming, the Bank of Canada is prepping for 3 possible outcomes. Here’s what they’re watching, what it means for rates, and how it could affect your money.