The Financial Post reports in its Wednesday, March 5, edition that David Dodge, former Bank of Canada governor, warns that Canada's trade dynamics with the U.S. will lead to short-term challenges for the middle class. The Post's Jordan Gowling writes that Mr. Dodge says: "If we're going to have a hope of regaining growth, we're going to have to endure some short-term pain, in terms of reduced consumption. That will be coming through reduced services provided by government, by increased savings by households and hence reduced consumption by households, and increased investments by corporations and hence reduced dividends and payments to shareholders." Mr. Dodge believes any politicians currently promising tax cuts for the middle class are misleading the Canadian public. He says, "I think politicians are being totally dishonest with Canadians and totally misleading as to what they can actually do in terms of government spending and tax policy in the short run." He says that in the face of a tariff war, governments will have to adjust expenditures and consider tax cuts for investment and those taking risks with capital, as the focus will have to be on Canada's economic resilience.