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Bank of Canada cuts rates to 3%, drops guidance

Bank of Canada cuts rates, says tariffs could stoke persistent inflation

The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.

The Canadian Press on MSN · 7h

Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.

Cryptopolitan on MSN · 8h

Bank of Canada cuts rates to 3%, drops guidance as Trump’s tariff threat looms

The Bank of Canada reduced its benchmark interest rate by 0.25 percentage points and removed guidance on future rate adjustments amid uncertainty caused by US President Donald Trump's tariff threat.

Trump, Canada and Mexico

Reuters · 3h

Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico

Oil prices were little changed in early trading on Thursday, as markets watched for tariffs by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude oil to United States.

Yahoo · 6d

Trump says Canada can become a US state to avoid tariffs

President Donald Trump promised tax cuts for U.S.-based manufacturing and threatened tariffs on those who didn’t comply.

The New York Times · 1d

G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs

General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.

Manitoba Premier Wab Kinew says Canada can’t be tariff ‘punching bag’

Manitoba Premier Wab Kinew said the country will have to respond strongly if U.S. President Donald Trump follows through on a ...

Defense News on MSN1d

Can fresh icebreakers break the ice between the US and Canada?

The Icebreaker Collaboration Effort, or ICE Pact, between the United States, Canada and Finland is meant to pool new ship ...

Canada's looming election cheers equity investors hoping for increased returns

The Canadian stock market stands to benefit from the expected election this year of a Conservative government that favors ...

2don MSN

President Trump's Q&A on Air Force One goes from the plane's color scheme to the fate of TikTok and Canada

ABOARD AIR FORCE ONE — President Donald Trump hasn’t been shy about sharing his thoughts since taking office, and he added a ...

Human Rights Watch2d

Canada’s Dangerous Retreat on Migrant Rights

United States President Donald J. Trump’s barrage of anti-immigrant policies has garnered worldwide attention, but Canada is ...

'Painful': How Canada could actually cut off oil to the United States

The majority of Canada’s oil exports, largely produced in Alberta, go to the United States. And Alberta Premier Danielle ...

New York Sun2d

Annex Canada, Eh? Not So Fast

President Trump’s likening of America’s northern neighbor to Mexico fails to compute.

6don MSN

Canada's Conservative leader shuts down journalist's question about other genders: 'I'm only aware of 2'

Canadian Conservative Party leader Pierre Poilievre locked horns with an interviewer who asked him to comment on a recent ...

Hosted on MSN38m

Will Canucks’ Quinn Hughes be named Team USA’s captain for 4 Nations Face-Off?

Nations, facing off. That is what will happen when the NHL’s 4 Nations Face-Off kicks off in mid-February, replacing the NHL All-Star Game. The tournament ...

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