{"id":3664,"date":"2025-05-08T14:03:14","date_gmt":"2025-05-08T18:03:14","guid":{"rendered":"https:\/\/mediawall.news\/guerre-commerciale-canada-risques-financiers\/"},"modified":"2025-05-08T14:03:14","modified_gmt":"2025-05-08T18:03:14","slug":"guerre-commerciale-canada-risques-financiers","status":"publish","type":"post","link":"https:\/\/www.mediawall.news\/fr\/guerre-commerciale-canada-risques-financiers\/","title":{"rendered":"Guerre Commerciale entre le Canada : Risques Financiers Mena\u00e7ant la Stabilit\u00e9"},"content":{"rendered":"<p><strong>Selon un rapport de la Banque du Canada<\/strong> publi\u00e9 jeudi, les tensions commerciales croissantes au Canada pr\u00e9sentent une nouvelle menace pour la stabilit\u00e9 financi\u00e8re, avertissant que les Canadiens pourraient bient\u00f4t ressentir une pression \u00e9conomique suppl\u00e9mentaire \u00e0 mesure que les diff\u00e9rends internationaux s&rsquo;intensifient.<\/p>\n<p>Dans sa derni\u00e8re \u00e9valuation, la banque centrale a soulign\u00e9 que les conflits commerciaux en pr\u00e9paration &#8211; particuli\u00e8rement entre le Canada et ses plus grands partenaires commerciaux &#8211; ont d\u00e9j\u00e0 commenc\u00e9 \u00e0 d\u00e9stabiliser des cha\u00eenes d&rsquo;approvisionnement cruciales et \u00e0 introduire de la volatilit\u00e9 dans les march\u00e9s des mati\u00e8res premi\u00e8res cl\u00e9s. Cette volatilit\u00e9 survient \u00e0 un moment pr\u00e9caire o\u00f9 de nombreux m\u00e9nages canadiens sont encore aux prises avec des taux d&rsquo;int\u00e9r\u00eat \u00e9lev\u00e9s et des pr\u00e9occupations d&rsquo;inflation.<\/p>\n<p>\u00ab\u00a0Ce que nous observons, c&rsquo;est essentiellement une tron\u00e7onneuse qui s&rsquo;attaque \u00e0 des d\u00e9cennies de relations commerciales soigneusement construites,\u00a0\u00bb explique <strong>M\u00e9lanie Robitaille<\/strong>, \u00e9conomiste principale \u00e0 la <a href=\"https:\/\/chamber.ca\/\" rel=\"nofollow noopener\" target=\"_blank\">Chambre de commerce du Canada<\/a>. \u00ab\u00a0Lorsque les tarifs augmentent et que les cha\u00eenes d&rsquo;approvisionnement se fracturent, ces co\u00fbts se r\u00e9percutent in\u00e9vitablement sur les prix \u00e0 la consommation et les d\u00e9cisions d&rsquo;investissement des entreprises.\u00a0\u00bb<\/p>\n<p>L&rsquo;examen semestriel du syst\u00e8me financier de la <a href=\"https:\/\/www.banqueducanada.ca\/\" rel=\"nofollow noopener\" target=\"_blank\">Banque du Canada<\/a> identifie trois principaux canaux par lesquels les tensions commerciales pourraient miner la stabilit\u00e9 financi\u00e8re: les impacts directs sur les industries orient\u00e9es vers l&rsquo;exportation, la volatilit\u00e9 plus large du march\u00e9 alimentant l&rsquo;incertitude des investisseurs, et les cons\u00e9quences potentielles sur la qualit\u00e9 du cr\u00e9dit des entreprises alors qu&rsquo;elles absorbent des co\u00fbts op\u00e9rationnels plus \u00e9lev\u00e9s.<\/p>\n<p>Le plus pr\u00e9occupant est l&rsquo;avertissement qu&rsquo;environ <strong>31% du PIB canadien<\/strong> reste directement expos\u00e9 aux perturbations du commerce international &#8211; un chiffre qui augmente consid\u00e9rablement lorsqu&rsquo;on consid\u00e8re les effets secondaires sur les cha\u00eenes d&rsquo;approvisionnement nationales. Les secteurs minier, automobile et agricole font face \u00e0 une vuln\u00e9rabilit\u00e9 particuli\u00e8rement aigu\u00eb, la banque centrale estimant que des restrictions commerciales soutenues pourraient r\u00e9duire la production \u00e9conomique annuelle de 0,5 \u00e0 1,2 point de pourcentage \u00e0 moyen terme.<\/p>\n<p>Pour mettre les choses en perspective, consid\u00e9rez qu&rsquo;<a href=\"https:\/\/www.algoma.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Algoma Steel<\/a>, producteur d&rsquo;acier bas\u00e9 \u00e0 Hamilton, a r\u00e9cemment annonc\u00e9 qu&rsquo;il retarderait l&rsquo;expansion pr\u00e9vue d&rsquo;une installation de 700 millions de dollars, citant \u00ab\u00a0une incertitude sans pr\u00e9c\u00e9dent dans les conditions commerciales transfrontali\u00e8res.\u00a0\u00bb Le PDG de l&rsquo;entreprise a not\u00e9 lors d&rsquo;une conf\u00e9rence t\u00e9l\u00e9phonique sur les r\u00e9sultats le mois dernier que \u00ab\u00a0planifier des investissements en capital dans cet environnement donne l&rsquo;impression de construire sur des sables mouvants.\u00a0\u00bb<\/p>\n<p>Cette h\u00e9sitation \u00e0 investir repr\u00e9sente exactement ce que la Banque du Canada craint de voir se g\u00e9n\u00e9raliser. Lorsque les entreprises retardent leurs plans d&rsquo;expansion, les effets se r\u00e9percutent sur l&#8217;emploi, la croissance des salaires et, finalement, les d\u00e9penses de consommation &#8211; cr\u00e9ant ce que les \u00e9conomistes appellent une <strong>boucle de r\u00e9troaction n\u00e9gative<\/strong> qui peut amplifier les chocs \u00e9conomiques initiaux.<\/p>\n<p>\u00ab\u00a0Les conflits commerciaux ne font pas mal<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selon un rapport de la Banque du Canada publi\u00e9 jeudi, les tensions commerciales croissantes au Canada pr\u00e9sentent une nouvelle menace pour la stabilit\u00e9 financi\u00e8re, avertissant que les Canadiens pourraient bient\u00f4t ressentir une pression \u00e9conomique suppl\u00e9mentaire \u00e0 mesure que les diff\u00e9rends internationaux s&rsquo;intensifient. Dans sa derni\u00e8re \u00e9valuation, la banque centrale a soulign\u00e9 que les conflits commerciaux [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[1287,1286],"ppma_author":[186],"class_list":{"0":"post-3664","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economics-fr","8":"tag-banque-du-canada","9":"tag-stabilite-financiere"},"_form":null,"_mail":null,"_mail_2":null,"_messages":null,"_additional_settings":null,"_locale":null,"_hash":null,"_wp_attached_file":null,"_wp_attachment_metadata":null,"_elementor_page_settings":null,"_menu_item_type":null,"_menu_item_menu_item_parent":null,"_menu_item_object_id":null,"_menu_item_object":null,"_menu_item_target":null,"_menu_item_classes":null,"_menu_item_xfn":null,"_menu_item_url":null,"_thumbnail_id":"3662","_wp_old_slug":null,"_oembed_aabfd980ef699725dc5d6ea0f5c5f063":null,"_oembed_time_aabfd980ef699725dc5d6ea0f5c5f063":null,"foxiz_menu_meta":null,"foxiz_user_rating":null,"_wp_attachment_image_alt":null,"ruby_tagline":null,"ruby_live_blog":null,"rank_math_primary_category":null,"_wp_attachment_context":null,"wpml_media_processed":null,"ppmacf_slug":null,"ppmacf_type":null,"ppmacf_field_status":null,"ppmacf_requirement":null,"ppmacf_social_profile":null,"ppmacf_schema_property":null,"ppmacf_rel":null,"ppmacf_target":null,"ppmacf_description":null,"ppmacf_inbuilt":null,"ppma_boxes_layout_meta_value":null,"ppma_disable_author_box":null,"_mc4wp_settings":null,"text_subscribed":null,"text_invalid_email":null,"text_required_field_missing":null,"text_already_subscribed":null,"text_error":null,"text_unsubscribed":null,"text_not_subscribed":null,"text_no_lists_selected":null,"text_updated":null,"text_spam":null,"_pingme":null,"_encloseme":null,"_wp_trash_meta_comments_status":null,"_elementor_page_assets":null,"_elementor_element_cache":null,"_wp_page_template":null,"_elementor_edit_mode":null,"_elementor_template_type":null,"foxiz_content_total_word":null,"_elementor_version":null,"_elementor_data":null,"ppma_authors_name":"Julian Singh","rb_global_meta":null,"_elementor_controls_usage":null,"_wp_old_date":null,"ao_post_optimize":null,"rank_math_analytic_object_id":null,"rank_math_og_content_image":null,"_edit_lock":null,"rank_math_seo_score":null,"rank_math_internal_links_processed":null,"_edit_last":null,"_wpml_word_count":"594","_wpml_location_migration_done":"1","rank_math_focus_keyword":"guerre commerciale entre le Canada risques financiers","rank_math_title":null,"rank_math_description":"Les tensions commerciales croissantes au Canada menacent la stabilit\u00e9 financi\u00e8re, avertit la Banque du Canada. D\u00e9couvrez les impacts sur l'\u00e9conomie canadienne.","_wpml_media_duplicate":null,"_wpml_media_featured":null,"_top_nav_excluded":null,"_cms_nav_minihome":null,"_last_translation_edit_mode":null,"_elementor_template_widget_type":null,"_elementor_popup_display_settings":null,"_wp_trash_meta_status":null,"_wp_trash_meta_time":null,"_wp_desired_post_slug":null,"_elementor_css":null,"authors":[{"term_id":186,"user_id":7,"is_guest":0,"slug":"julian-singh","display_name":"Julian Singh","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/1d4c4e0f090aa7c8e43cddfa7162b752?s=96&d=mm&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/posts\/3664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/comments?post=3664"}],"version-history":[{"count":0,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/posts\/3664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/media\/3662"}],"wp:attachment":[{"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/media?parent=3664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/categories?post=3664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/tags?post=3664"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mediawall.news\/fr\/wp-json\/wp\/v2\/ppma_author?post=3664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}