Trump Says U.S. Banks Can’t Do Business in Canada. It’s Not That Simple.
President Trump has complained that American banks are restricted from operating in Canada. They can, but are hamstrung.
Inside Halton1d
‘We are now facing a new crisis’: Bank of Canada warns tariff war impact could be severe as it cuts interest rate to 2.75%
Bank of Canada Governor Tiff Macklem said we are facing a new crisis, and that while Canada’s economy ended 2024 “in good ...
Are US Banks Banned in Canada? What We Know About Trump's Claim
In recent statements, President Donald Trump asserted that Canadian regulations prohibit U.S. banks from operating in Canada, a claim that has sparked confusion and controversy.
Inside Halton3d
Brace for a rate cut: Bank of Canada to announce key interest changes tomorrow
With Canada’s economy hanging in the balance of tariff wars with the United States, economists believe the Bank of Canada will lower its interest rate.