Canada Bank of Canada

Bank of Canada Cuts Rates

Bank of Canada cuts rates to counter tariffs, will be cautious about future moves

By Promit Mukherjee and David Ljunggren OTTAWA, March 12 (Reuters) - The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 2.75% and warned of "a new crisis" as it tried to prepare the economy for the damage that President Donald Trump's tariffs could wreak.

Seeking Alpha · 2h

Bank Of Canada Cuts Again, But Easing May Slow From Here

US tariffs are clouding the Canadian outlook, and the Bank of Canada has trimmed rates by 25bp to 2.75% today in line with expectations. The message is not unidirectionally dovish though, as inflationary concerns are also rising.

Bloomberg · 3h

Bank of Canada Cuts to 2.75%, to Move 'Carefully' Amid Tariffs

The Bank of Canada cut interest rates by a quarter percentage point and called the trade battle with the US a “new crisis,” but pushed back on expectations that policymakers were on a predetermined cutting path.

E.U., Canada retaliate against Trump’s tariffs

CNN on MSN · 5h

Fact check: Trump falsely claims Canada is ‘one of the highest tariffing nations’

President Donald Trump added Tuesday to his rapidly growing list of false claims about Canada, wrongly asserting on social media that Canada is “ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.

The Washington Post on MSN · 6h

E.U., Canada retaliate against Trump’s tariffs as trade war escalates

As President Donald Trump’s global steel and aluminum tariffs take effect, the E.U. and Canada are responding with their own levies, including on bourbon and motorcycles.

FOX News on MSN · 2h

Canada announces $21B in new US tariffs as trade war escalates

Canada announced $21 billion in new tariffs against the U.S. on Wednesday, escalating the trade war between the two countries.

Banker turned prime minister who will lead Canada

CNN on MSN · 1d

Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?

Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered governments through major global crises and periods of upheaval – experience he’s hoping to now leverage as he prepares to take over from Prime Minister Justin Trudeau.

USA TODAY on MSN · 1d

Harvard grad. Former banker: What to know about Mark Carney, Canada's next prime minister

Carney, 59, a Harvard grad, will oversee his country at a time when it is locked in a trade war with the United States, its largest trading partner.

Associated Press · 1d

Who is Mark Carney, Canada’s new prime minister?

Former central banker Mark Carney will become prime minister of Canada after the governing Liberal Party elected him its leader Sunday in a landside vote.

1hon MSN

Fact check: Nine Trump false claims about Canada

Here is a fact check of these false statements. Canadians’ views on becoming the 51st state: Trump falsely claimed to reporters in January that “the people of Canada like” his idea of Canada joining ...

Bank of Canada Expected to Deliver Seventh Straight Cut on Trade Turmoil

Nearly all economists surveyed anticipate a seventh straight rate reduction as policy uncertainty hits business confidence.

The Canadian Press on MSN2d

Canada’s largest bank cuts undisclosed number of staff amid ‘growth strategy’

RBC says it has laid off some employees as part of its “growth strategy.” Canada’s largest bank says the cuts come amid ...

The New York Sun2d

‘Canada Will Win’: Former Bank of Canada Chief Takes Helm as Prime Minister With Fresh Attacks on Trump Trade War

Former Bank of Canada chief Mark Carney, who has never held an elected office, won 86 percent of the party vote, beating out the former finance minister, Chrystia Freeland. He takes the helm amid a ...

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