Bank of Canada Cuts Policy Rate to 2.75% as Economy Faces ‘New Crisis’
The central bank must balance the risk of tariff-fueled higher inflation and the damage to growth from U.S. trade policy, Gov ...
Bank of Canada considered leaving rates unchanged, governor tells Reuters
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
Local businesses grapple with Trump's tariffs as G7 envoys meet in Canada
Trump’s 25% tariffs on steel and aluminum took effect overnight, dealing another blow to a neighborly alliance and escalating ...
Canada Has a New Prime Minister With a Very Hard First Assignment
Mark Carney, a central banker turned politician, steps into his role at a crucial moment as President Trump sets his sights ...
Trade war turmoil topples Canada’s main financial market from its all-time high
NEW YORK (AP) — Trade war turmoil is weighing heavily on financial markets in Canada.
Bank of Canada cuts rates by 25 bps, warns of tariff crisis
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about ...
Bank of Canada Cuts Rates for Seventh Time, Warns of “Crisis” from U.S. Trade War
The Bank of Canada has lowered interest rates by 25-basis points, saying that the country is “facing a new crisis” due to its ongoing trade ...
Who is Mark Carney, former central banker, who is replacing Justin Trudeau as prime minister of Canada?
Carney has promised to stand up for Canada amid brewing trade war with Trump and speed up sluggish growth in national economy ...