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Bank of Canada to Downsize Cuts
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 concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their analysis of how US tariffs might derail a soft landing for the Canadian economy.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
The tariff threat, coupled with cost-of-living constraints that remain front and centre for many Canadians, might blunt the effects of another rate reduction.
Trump's Tariff Threat Worked on Colombia
Ontario leader calls for snap election to fight Trump’s threatened tariffs
The leader of Ontario, Canada’s most populous province, has kicked off his provincial election campaign, saying he needs a strong mandate to fight the tariffs threatened by U.S.
Canada Faces Trade Shock as Trump Tariffs Threaten CUSMA
New U.S. tariffs on Canadian exports threaten CUSMA, forcing Canada to rethink trade strategies amid rising protectionism.
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
1h
on MSN
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 ...
1h
U.S. says Canada can avoid tariffs with border action
President Donald Trump’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend ...
4h
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 ...
59m
on MSN
Lutnick Says Mexico, Canada Can Avoid Tariffs With Border Action
President Donald Trump’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend ...
2d
Canada to speak to partners in a bid to fend off US tariffs, says minister
Canadian Foreign Minister Melanie Joly said on Monday she would soon be talking to counterparts in allied nations in a bid to ...
2h
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for ...
1d
on MSN
Vermont leaders push back against U.S. - Canada tariffs
Many industries, including agriculture, technology, and manufacturing, voiced concerns over the possible financial burden.
1d
on MSN
Mike Johnson doubts there will be ‘across-the-board tariffs’ as Trump’s trade ultimatum to Mexico, Canada looms
I think he’s going to be wise in how he does that,’ the House speaker said Monday of Trump’s warnings to America’s neighbors.
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