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

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

Facebook
Twitter
LinkedIn

Related Posts

Automotive, Business, Labour, Manufacturing, Ontario/Quebec

October 21, 2025

Ian Bickis

GM ends BrightDrop production in Ingersoll in latest blow to Ontario auto sector

General Motors has announced an end to production of its…

Read More >

Atlantic, Automotive, Business, Economy, Forestry, Manufacturing, Ontario/Quebec, Utilities

November 17, 2025

Emily Baron Cadloff

N.B. premier Holt says strained relationship between Canada and U.S. Trump’s fault

HALIFAX — New Brunswick Premier Susan Holt says U.S. President…

Read More >

Atlantic, Business, Construction, Politics

April 17, 2026

New Brunswick premier meeting Mark Carney, federal ministers next week

FREDERICTON — New Brunswick Premier Susan Holt will meet with…

Read More >