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Bank of Canada holds rates steady at 2.75%, says trade war could cause a recession

Bank of Canada holds rates steady at 2.75%, says trade war could cause a recession

The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.Instead, the central bank produced two scenarios on what could happen, including one that predicted a deep recession in Canada and a […]

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