U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

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Business, Economy, Ontario/Quebec, Politics

May 5, 2025

Ontario to include expanded manufacturing tax credit in upcoming budget

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Energy helps S&P/TSX rise, U.S. stocks mixed as investors await ‘Liberation Day’

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