Bank of Canada governor Tiff Macklem emphasized that the bank will remain cautious about future rate cuts as it cannot offset the destructive impacts of a trade war.
“While the data has leaned against a cut, economic uncertainty prevailed at this meeting,” Bryan Yu, chief economist at ...
The Bank of Canada is once again dropping its overnight rate to keep up with the economic instability amid a trade war.
The Canada Mortgage and Housing Corporation (CMHC) also forecasted in February that lower mortgage rates and last year’s mortgage reforms could activate the housing market, with the caveat that higher ...
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about ...
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 ...
Mark Carney won Canada’s Liberal leadership, replacing Trudeau. He now focuses on economic tensions with the U.S. and a smooth transition of power.
The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...
The Canadian dollar edged up against its U.S. counterpart on Wednesday as the Bank of Canada cut interest rates as expected ...
US tariffs are clouding the Canadian outlook, and the Bank of Canada has trimmed rates by 25bp to 2.75% today in line with ...
Millions of Americans' 401(k) retirement plans suffered a heavy blow when stock markets plunged following Trump's tariffs.
OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the ...