According to online reports, Manulife Investment Management analyst Dominique Lapointe believes that Canada's 2.2% GDP growth in the first quarter does not herald positive developments in the new tariff era, but it is not enough to force the Bank of Canada to cut interest rates on June 4. Therefore, he expects the central bank to adopt a "dovish maintenance" policy, but believes that if signs of economic weakness persist, the central bank will cut interest rates in July, October and December respectively. Lapointe pointed out that although GDP growth in the first quarter exceeded expectations, growth was mainly supported by exports and inventory accumulation driven by the tariff pre-emptive effect, and domestic demand remained fragile. He stressed that it is necessary to continue to observe whether the data in the second quarter reflects further deterioration in domestic demand. If consumption and investment fail to improve, adding to the uncertainty of trade policies, the central bank may have to cut interest rates multiple times to stimulate the economy.