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.
Bank of Canada cuts key interest rate to 3% — but says it can’t fight a possible U.S. trade war
The Bank of Canada delivered a quarter-percentage-point cut to its key interest rate on Wednesday, emphasizing Trump’s tariff threat in the decision. “The threat of tariffs is there, and there’s no doubt that weighed on our decision,” Bank of Canada Governor Tiff Macklem said in a press conference.
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to ...
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing ...
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
There are signs in Canada uncertainty over trade and tariffs is weighing on consumer and business confidence and on investment intentions, and the threat of levies has contributed to the recent ...
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Why is it so hard to open up interprovincial trade? CBC's The House talks to experts and former officials about Canada's new ...
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...
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