Canada, tariff and central bank

Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to agree on a quarter-point rate cut last month, according to minutes summarizing central bank deliberations.
Bank of Canada rate cut reflects U.S. tariff threat, officials fear permanent GDP hit
Bank of Canada officials decided to cut its benchmark interest rate by 25 basis points to 3% last month to better balance inflation risks, and support the economy in light of U.S. President Donald Trump's tariff threat as "the adverse impact on the level of GDP would be permanent."
Bank of Canada governor says Trump's tariffs threat already having an impact
Bank of Canada Governor Tiff Macklem said on Thursday a policy shift in the U.S. was causing uncertainty and President Donald Trump's tariff threats were already impacting businesses and households.
Bank of Canada sees tariffs souring investment, confidence
Bank of Canada officials have acknowledged that the economic uncertainty created by a potential trade battle support their decision to cut interest rates last month.
Tariff threats are enough to chill Canada’s economy, central bank says
The bank also warned that retaliatory tariffs by Canada and other nations against the U.S. if Donald Trump imposes tariffs could cause a period of inflation.
January rate cut came as Bank of Canada weighed U.S. tariff threat
The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, weighed heavily on the Bank of Canada’s governing council when it decided to cut interest rates last month.
Bank of Canada: GDP level would be permanently hit by protracted U.S. trade war
The Bank of Canada's governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level ...
Bank of Canada Sees Tariffs Souring Investment and Confidence
Bank of Canada officials acknowledged the economic uncertainty created by a potential trade battle supported their decision ...
Bank of Canada says trade war will hurt Canada more than the United States
The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on ...
Canada's TD Bank to exit Charles Schwab stake for about $14.6 billion
Canada's Toronto-Dominion Bank said it would offload its 10.1% stake in U.S. financial services firm Charles Schwab , as part ...
Bank of Canada Adds Second Outsider to Rate-Setting Council
The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its ...
CEO of Canada’s 2nd-biggest company defends Trump’s tariff demands, slams Trudeau for not stopping trade war
These are things that every Canadian wants its government to do, too. These are not crazy demands, even if they came from an ...
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The Bank Of Canada Cuts Key Interest Rate to 3%
Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...