Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico
Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on ...
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can ...
Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned ...
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was ...
Bank of Canada cuts interest rate to 3% amid trade uncertainty with the United States
The Bank of Canada cut its interest rate by 25 basis points to three per cent on Wednesday, while warning that the economic consequences of a prolonged trade war with the United States could be severe ...
Canada, Mexico can avoid tariffs with border action, Trump’s pick for trade czar says
Mr. Trump and the White House have repeatedly said they intend to impose tariffs on Canada and Mexico on Saturday, prompting ...
Bank of Canada3h
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Bank of Canada expected to cut interest rate by quarter point as tariff threat looms
The central bank’s interest rate currently sits at 3.25 per cent, the top-line of the bank’s neutral range. In December, Bank ...
Manitoba Premier Wab Kinew says Canada can’t be tariff ‘punching bag’
Manitoba Premier Wab Kinew said the country will have to respond strongly if U.S. President Donald Trump follows through on a ...
Bank of Canada cuts rate by quarter point, highlights tariff risk
Central bank lowers its policy rate to 3%, warns Canadian economy’s resilience ‘would be tested’ in trade war with United ...
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That ...