The Bank of Canada held interest rates steady but warned that volatile US policy is clouding the outlook, leaving officials unsure of the duration of their pause or whether their next move will be a hike or cut.
The Bank of Canada held interest rates steady but warned that volatile US policy is clouding the outlook, leaving officials unsure of the duration of their pause or whether their next move will be a hike or cut.
The Bank of Canada building in Ottawa. Photographer: David Kawai/Bloomberg
The Bank of Canada held interest rates steady but warned that volatile US policy is clouding the outlook, leaving officials unsure of the duration of their pause or whether their next move will be a hike or cut.
The Bank of Canada held interest rates steady but warned that volatile US policy is clouding the outlook, leaving officials unsure of the duration of their pause or whether their next move will be a hike or cut.
The Bank of Canada building in Ottawa. Photographer: David Kawai/Bloomberg
The Bank of Canada is likely to hold interest rates steady on Wednesday as officials wait for clearer signals on how much damage the economy may yet absorb from shocks in US trade policy.
The Bank of Canada is likely to hold interest rates steady on Wednesday as officials wait for clearer signals on how much damage the economy may yet absorb from shocks in US trade policy.
Canada won’t be derailed in its efforts to diversify trade away from the US despite the latest threats from the Trump administration, Canadian Foreign Minister Anita Anand said.
Canada won’t be derailed in its efforts to diversify trade away from the US despite the latest threats from the Trump administration, Canadian Foreign Minister Anita Anand said.
Canada won’t be derailed in its efforts to diversify trade away from the US despite the latest threats from the Trump administration, Canadian Foreign Minister Anita Anand said.
Canada won’t be derailed in its efforts to diversify trade away from the US despite the latest threats from the Trump administration, Canadian Foreign Minister Anita Anand said.
President Donald Trump’s new tariff threats signal an early escalation in what’s expected to be months of posturing as the US, Canada and Mexico prepare to review their trade pact this year.
President Donald Trump’s new tariff threats signal an early escalation in what’s expected to be months of posturing as the US, Canada and Mexico prepare to review their trade pact this year.
Canada’s central statistics agency plans to publish a major inflation print while the country’s financial markets are closed next month — a move economists warn will distort trading and give foreign investors an edge.
Canada’s central statistics agency plans to publish a major inflation print while the country’s financial markets are closed next month — a move economists warn will distort trading and give foreign investors an edge.
Bank of Canada surveys show persistent pessimism among firms and consumers as the ongoing US trade war deepens uncertainty.
Mooring crews prepare to tie up a container ship arriving at the Fairview Container Terminal in the Port of Prince Rupert in Prince Rupert, British Columbia.
Inflation accelerated in Canada by more than expected as a federal tax holiday at the end of 2024 pushed yearly price comparisons higher, offsetting falling gasoline costs.
Inflation accelerated in Canada by more than expected as a federal tax holiday at the end of 2024 pushed yearly price comparisons higher, offsetting falling gasoline costs.
Shoppers at a mall in Toronto. Photographer: Adetona Omokanye/Bloomberg
Bank of Canada Governor Tiff Macklem issued a firm defense of Jerome Powell after the Federal Reserve chair said the Trump administration was trying to strong-arm the central bank through a grand jury investigation.
Bank of Canada Governor Tiff Macklem issued a firm defense of Jerome Powell after the Federal Reserve chair said the Trump administration was trying to strong-arm the central bank through a grand jury investigation.
Chairman of the US Federal Reserve Jerome Powell and Governor of the Bank of Canada Tiff Macklem
Canada’s hiring momentum cooled in December and the number of unemployed people climbed by the most in three years, reinforcing signs of persistent slack in the labor market.
Canada’s hiring momentum cooled in December and the number of unemployed people climbed by the most in three years, reinforcing signs of persistent slack in the labor market.
A employee sorts batteries on a conveyor belt at a recycling facility in Port Colborne, Ontario. Photographer: James MacDonald/Bloomberg
Two longtime directors at the Bank of Canada are retiring as Prime Minister Mark Carney pushes to shrink the public service.
The Bank of Canada building in Ottawa, Ontario, Canada, on Wednesday, April 16, 2025. The Bank of Canada paused its interest rate cutting cycle and reiterated that policymakers "will proceed carefully" as they wait to see how US President Donald Trump's trade policy takes shape.
Canada’s merchandise trade balance swung back into deficit as surging imports of computers and electronics outweighed a spike in gold exports to non-US countries.
Canada’s merchandise trade balance swung back into deficit as surging imports of computers and electronics outweighed a spike in gold exports to non-US countries.
Canadian retail sales jumped in November after posting a small decline the previous month, suggesting consumption rebounded modestly in the fourth quarter.
Canadian retail sales jumped in November after posting a small decline the previous month, suggesting consumption rebounded modestly in the fourth quarter.
Shoppers wait for fitting rooms at the Dynamite store in the Royalmount mall in Montreal.
Canada’s population fell by 0.2% in the third quarter to stand at 41.6 million, marking the only quarterly decline on record outside the Covid-19 era and a dramatic shift from explosive post-pandemic immigration growth.
Canada’s population fell by 0.2% in the third quarter to stand at 41.6 million, marking the only quarterly decline on record outside the Covid-19 era and a dramatic shift from explosive post-pandemic immigration growth.
Governor Tiff Macklem says the Bank of Canada’s review of its framework next year must assess whether it gives the central bank the best chance of keeping inflation low and stable in a “more shock-prone world.”
Governor Tiff Macklem says the Bank of Canada’s review of its framework next year must assess whether it gives the central bank the best chance of keeping inflation low and stable in a “more shock-prone world.”
The Bank of Canada held interest rates steady and said while the economy appears more resilient than previously thought, the current level of borrowing costs is still appropriate to mitigate the trade war damage.
The Bank of Canada held interest rates steady and said while the economy appears more resilient than previously thought, the current level of borrowing costs is still appropriate to mitigate the trade war damage.
The Bank of Canada building in Ottawa. Photographer: David Kawai/Bloomberg
The Bank of Canada is likely to hold interest rates steady on Wednesday amid mounting evidence the country’s labor market and economy are stabilizing after the initial tariff shock.
The Bank of Canada is likely to hold interest rates steady on Wednesday amid mounting evidence the country’s labor market and economy are stabilizing after the initial tariff shock.
Anmelden
