A lower Canadian dollar would provide a partial offset,” he said. He said the Bank of Canada estimates an 8.5 per cent decline in the first year following broad-based tariffs, with Canadian ...

OTTAWA, March 12 (Reuters) - The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for the seventh consecutive time ...

Bank of Canada interest rate cuts might not be able to fix the damage of a trade war — but they can’t hurt either, say economists. Many are predicting another 25 basis point cut when the central bank ...

The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with ...

OTTAWA, March 12 (Reuters) - The Bank of Canada will likely cut its benchmark rate by a quarter point on Wednesday to cushion the economy against U.S. tariffs, several economists said. If the BoC ...

The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on Wednesday, March 12, bringing it to 2.75 per cent. "The Canadian economy entered 2025 in a solid position ...

OTTAWA, Feb 21 (Reuters) - he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor Tiff Macklem said on Friday, saying central bank needed to focus on risks ...

But the Governor of the Bank of Canada is spending a lot of time scanning headlines as the President of the United States pounds the Canadian economy with an unending barrage of tariff threats.

He also outlines what the Bank of Canada is focusing on as it renews its monetary policy framework. Trade between Canada and the United States has increased over the past 60 years, with both countries ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.

Former Bank of England governor Mark Carney has been named Canadian prime minister after winning the Liberal Party leadership in a landslide victory. Mr Carney, who also used to head up Canada's ...

U.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem.