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

Facebook
Twitter
LinkedIn

Related Posts

Donald Trump turns 80 soon. Questions about his health aren't going away
Star

May 30, 2026

Donald Trump turns 80 soon. Questions about his health aren’t going away

U.S. President Donald Trump celebrates his 80th birthday in June,…

Read More >

In France, you can get your groceries in returnable packaging. Here's why the Canadian pilot failed
Star

May 30, 2026

In France, you can get your groceries in returnable packaging. Here’s why the Canadian pilot failed

Seven years ago, Tom Szaky got some of the world’s…

Read More >

Thousands are now Canadians under new citizenship law. Half of them are Americans
Star

May 30, 2026

Thousands are now Canadians under new citizenship law. Half of them are Americans

Thousands of people around the world have received Canadian citizenship…

Read More >