News

Bank of Canada Holds Rate Steady as Economy Softens, Inflation Accelerates
The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and ...
Bank of Canada holds key rate steady, but says a future cut is possible
The Bank of Canada on Wednesday held its key benchmark rate at 2.75%, citing the need to probe the effects of U.S. trade ...
David Rosenberg: Tiff Macklem is looking like a deer caught in the headlights
A return to Fed easing by the end of the summer will only help make Tiff Macklem and the Bank of Canada’s work easier, and ...
The Canadian Press on MSN1h
Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses
OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case ...
BoC's Macklem: The recent strengthening of CAD has had some impact on inflation
Following the bank’s decision to keep rates unchanged on April 16, Governor Tiff Macklem underlined again the bank's symmetric approach to its inflation objective, expressing worry when inflation ...
The Canadian Press on MSN21h
Inflation volatility, tariff uncertainty keep Bank of Canada sidelined
The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate ...
Bank of Canada: Some Firms See Less Chance of a Worst-Case Tariffs Scenario
OTTAWA, June 5 (Reuters) - Canadian firms and industry associations affected by trade tensions are less worried about a worst ...
Canada’s Macklem Says US Tariffs ‘Biggest Headwind,’ NYT Reports
Bank of Canada Governor Tiff Macklem called President Donald Trump’s tariffs the “biggest headwind” for the country, given ...
The Canadian Press on MSN21h
S&P/TSX composite closes down almost 100 points as tariffs weigh on market
A sharp increase in tariffs the U.S. put on Canadian steel and aluminum Wednesday weighed on markets but investors were ...