08:29 AM EDT, 09/03/2025 (MT Newswires) -- Scotiabank said Canadian Prime Minister Mark Carney's two-day cabinet retreat, starting Wednesday, is unlikely to generate major headlines with media access barred.

Finance Minister Francois-Philippe Champagne is among the presenters. The bank said the meeting is part of the run-up to the fall budget and a major projects list, while also shaped by tariff and trade assumptions tied to the United States Trump administration.

Scotiabank said its macroeconomic outlook remains relatively optimistic, though it continues to warn about inflation risks and cautions against expecting easier monetary policy.