Bank of Canada cuts rates

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.
Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%
Bank of Canada governor Tiff Macklem said that there is not much central bankers can do to offset the economic consequences of a trade war with the U.S.
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 of Canada governor Tiff Macklem said policymakers would take a more “gradual approach” to reductions of the policy rate moving forward.
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.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a flicker of movement in the housing market, but U.S. President Donald Trump’s tariff threat might blunt the effects of today's rate reduction on household budgets.
Canada minister says any US tariff response would not single out Alberta
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Canada’s social-democrats advocate “national unity” to wage tariff war on US
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Will Canada and Mexico tariffs hit? Trump official says they’re avoidable or possibly short term.
President Donald Trump’s nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an ...
Trump team details two phases of tariff threats on Canada
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days then face broader penalties this spring.
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Canada announces support for workers, businesses amid Trump’s tariff threats
OTTAWA: The Canadian government has pledged to offer financial aid on the scale seen during the COVID-19 pandemic to support ...
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 ...
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Lutnick: Canada, Mexico Can Avoid U.S. Tariffs if They Act Quickly
He noted those tariffs were separate from a broad effort by the Commerce Department, the U.S. Trade Representative’s office ...
Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move ...
Linamar Corp. Invests in Canada EV Research Amid Tariff Threats
A Canadian auto parts maker will earmark nearly C$1 billion ($695 million) in a series of electric vehicle technology ...
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 ...