News

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 ...
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 ...
The Canadian Press on MSN17m
‘Worst-case’ scenario may be avoided as business confidence rises: BoC
A senior official at the Bank of Canada says businesses are reporting feeling somewhat less concerned about tariff impacts and the 'worst-case tariff scenario' was less likely.
BoC should have cut rates as economy moves toward recession: David Rosenberg
One prominent Bay Street economist says the Bank of Canada should have cut interest rates this week to stimulate an economy ...
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 ...
Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April
It was a third straight trade deficit for Canada, and a much bigger shortfall than the C$1.5 billion economists expected.
Bank of Canada holds rate at 2.75%, but eyes July cut amid rising trade tensions
The Bank of Canada (BoC)left its key interest rate constant at 2.75% on Wednesday, pausing for the second time in a row as ...
BofA: Bank of Canada in no rush to ease despite dovish hints
Securities said the Bank of Canada’s decision to hold its policy rate at 2.75% reflects a wait-and-see approach amid persistent inflation and geopolitical trade uncertainties. The central bank’s June ...
April's $7.1B merchandise trade deficit was the largest on record
Canada posted its largest merchandise trade deficit on record in April — at $7.1 billion — as exports fell sharply in the ...
As Bank of Canada holds rates, experts say a cut alone won't stop an economic slowdown
The Bank of Canada held interest rates at 2.75 per cent on Wednesday, pointing to a mixed bag of unexpectedly strong data and ...
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 ...
Bank of Canada’s Macklem Warns of Weaker Growth Without Tariff Resolution
Following the end of the Group of Seven meeting of finance and central bank chiefs, Macklem said he expects first-quarter GDP ...