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Bank of Canada cuts rates
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has also announced an end to its quantitative tightening programme, which had been used to shrink its balance sheet. Instead, it will restart gradual asset purchases so its balance sheet stabilises as a proportion of GDP.
Canada central bank cuts key interest rate to 3.0%
The Bank of Canada on Wednesday cut its key lending rate 25 basis points to 3.0 percent, noting that US tariff threats are creating uncertainty for the economy. “The economy is expected to strengthen gradually and inflation to stay close to target (of two percent),
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 Canadians that a tariff war triggered by the United States could cause major economic damage.
1d
on MSN
U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to ...
1d
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing ...
2d
Canada December wholesale trade most likely up 0.1% - Statscan flash estimate
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
23h
David Rosenberg: There are better ways for Canada to fight back than a full-on trade war
Hitting back with tariffs, export taxes or energy shipment blockages will only deepen the recession that is inevitable ...
5d
on MSN
Fact check: Trump makes false claims about trade with Canada and Europe in remarks to Davos
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...
18h
Wisconsin businesses back Trump's China tariffs, but worry about tariffs on Mexico, Canada
The Trump administration could soon implement tariffs on China, Canada and Mexico, impacting the U.S. and Wisconsin's top ...
11d
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
2d
Crisscross Oil Trade Complicates Trump’s Plans for Canada Tariffs
Welcome to our guide to the energy and commodities powering the global economy. Today, reporter Robert Tuttle looks at the ...
1d
The lessons for Canada, Mexico, and China from Trump's 10-hour trade war against Colombia
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump ...
7d
on MSN
How a Trump Trade War Puts Cheap Oil From Canada at Risk
The cheap Canadian oil America craves is becoming a key bargaining chip in President Trump’s threatened trade war.
LIVE
1h
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...
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