08:23 AM EST, 01/07/2025 (MT Newswires) -- The fresh Canadian investment of C$1.3 billion to strengthen border security and the immigration system helps to support MUFG's view that the bank doesn't expect tariff hikes to be implemented against Canada by United States President-elect Donald Trump.

If MUFG is wrong then the Canadian dollar (CAD or loonie) will be "significantly weaker" than expected by the bank.