Governor Tiff Macklem said the bank would ‘proceed carefully with any further changes to our policy rate’ given the challenges of a U.S. trade war ...
The Canadian Press on MSN1d
Bank of Canada says it would have likely held rate steady if not for tariffsThe Bank of Canada likely would have hit pause on its interest rate lowering cycle earlier this month were it not for the ...
The Bank of Canada cut its key interest rate by 25 basis points on Wednesday, citing trade uncertainty with the U.S. for the decision. “In recent months, the pervasive uncertainty created by ...
The Bank of Canada’s interest rate announcement arrives on ... Most economists expect the central bank will deliver another quarter-point rate cut while it waits to see how long the dispute ...
The Ring of Fire in northwestern Ontario is not merely a geological wonder but a pivotal element in the ongoing geopolitical strategies surrounding critical minerals. As global reliance on sustainable ...
The Canadian Press on MSN7d
Bank of Canada signals shift in how it sets rates amid tariff uncertaintyOTTAWA – The head of the Bank of Canada has signalled a shift in how the central bank sets its benchmark interest rate at a ...
Canada’s economy grew by 2.6% in the fourth quarter of 2024 following upwardly revised growth of 2.2% in the third quarter. This growth path is stronger than was expected at the time of the January ...
Calgary Herald on MSN7dOpinion
Varcoe: Will U.S. tariffs trigger Canadian stagflation? Bank of Canada faces test of rising prices, slowing economyU.S. President Donald Trump has threatened to impose — and then paused until early April — a 25 per cent tariff on Canadian ...
Bank of Canada would need to hike interest rates by up to 1.25% in full-blown tariff war, warns OECD
Interest rates ... which include Canada. Here’s a look at what the OECD had to say about Canada. The OECD now expects Canada’s gross domestic product (GDP) to grow by 0.7 per cent this year and next, ...
In the lead-up to the 2024 U.S. presidential election, interest rate theory was fairly simple. If inflation was higher than a target number set by the Bank of Canada (around two per cent), then ...
Economists expect the Bank of Canada will ... will cut interest rates further on March 12, according to Reuters. That's significantly up from Friday, when strong GDP data saw currency markets ...
The last time I spoke in Calgary was about 18 months ago—September 2023. The post-pandemic crisis was easing, but uncertainty remained. Inflation was still above 3%, and the Bank of Canada’s policy ...
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