Bank of Canada cuts rates

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.
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Live updates: Bank of Canada cuts key interest rate by another 25 basis points, as Trump tariffs loom
In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That study examined the consequences of a 25 per cent tariff on all imports (rather than from specific countries), so there are some limitations to its relevance — but the modelled impacts are nonetheless gloomy.
Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%
Bank of Canada governor Tiff Macklem said following Wednesday's announcement that there is not much central bankers can do to offset the economic consequences of a trade war.
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.
Bank Of Canada Cuts Interest Rates, Warns About Impact Of Potential Tariffs
The Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by a quarter point, noting consumer
What Trump tariffs could mean for the Bank of Canada's path forward
While economists expect the Bank of Canada to continue its loosening cycle and cut interest rates on Wednesday, U.S. President Donald Trump’s threat of 25 per cent tariffs has left longer forecasts up in the air,

Trump, Canada and Mexico

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Ontario leader calls for snap election to fight Trump’s threatened tariffs
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Ontario's 'Captain Canada' calls snap election as Trump tariff threat looms
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Singh suggests NDP could help Liberals pass Trump tariff relief
NDP Leader Jagmeet Singh said Tuesday he is open to working with the Liberal government to pass relief measures for workers ...
The Canadian Press on MSN1d
Quebec legislature returns for spring session amid Trump tariff threat
The Quebec legislature resumes sitting Tuesday for a spring session likely to be dominated by the threat of a trade war with ...
Trump ‘Serious as a Heart Attack’ About Launching Trade War With Canada and Mexico
Donald Trump is “very serious” about unleashing unilateral tariffs on neighbors Mexico and Canada without even giving them a chance to negotiate. Some of Trump’s closest advisors said the dramatic ...