Bank of Canada said ‘there could be a need for a reduction in the … rate if the economy weakens in the face of continued U.S. tariffs’
Category: Economy
Posted inPolitics & Policy
Carney slams ‘unjustified’ U.S. metal tariffs
‘The latest tariffs on steel and aluminum are … illegal, they’re bad for … American industry and … Canadian industry,” said Carney
Posted inPolitics & Policy
Canada growth up but Trump tariffs starting to hurt
Canada’s economy grew by 2.2 per cent in the first three months of 2025, as exports surged to try to get ahead of the U.S. tariffs
Posted inPolitics & Policy
Trump says will double steel, aluminum tariffs to 50%
‘We’re going to bring it from 25 per cent to 50 per cent, the tariffs on steel into the United States of America,’ on June 4, said Trump
Posted inPolitics & Policy
Trump tariffs stay in place for now, after appellate ruling
The short-term relief will allow the appeals process to proceed, after the U.S. Court of International Trade barred most of Trump’s tariffs
Posted inEconomy
India, Canada move to mend fraught diplomatic ties
India’s foreign minister said he had spoken to his Canadian counterpart as the two sides seek to ease fraught relations
Posted inEconomy
G7 finance chiefs seek unity as Canada talks near end
‘It is a significant G7,’ said U.S. think tank the Atlantic Council director. ‘The big theme is … how do we prevent global instability?’
Posted inProfessional
Canada’s TD Bank to cut 2% of workforce
TD bank said Thursday it would cut two per cent of its workforce, or nearly 2,000 employees, as it launched a restructuring
Posted inEconomy
Not employed, in education or training: Canada’s male ‘NEET’ rate ticks up
Male youth disengagement from the labour market doesn’t bode well for young men—or society, experts say
Posted inEconomy
Canada inflation plunges as the consumer carbon tax halts
Canada’s inflation rate plunged in April on lower energy prices, but food costs continued to rise: Statistics Canada