A lower Canadian dollar would provide a partial offset,” he said. He said the Bank of Canada estimates an 8.5 per cent decline in the first year following broad-based tariffs, with Canadian ...
The Bank of Canada faces an especially tough decision when the Governing Council meets on March 12. Not only are U.S. President Donald Trump‘s tariff threats hanging over the economy, but recent data ...
How we are governed is written into law—the Bank of Canada Act defines how the Bank is structured and managed, and how it should operate. This ensures that all actions we take are in the best ...
U.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem.
He also outlines what the Bank of Canada is focusing on as it renews its monetary policy framework. Trade between Canada and the United States has increased over the past 60 years, with both countries ...
OTTAWA, Feb 21 (Reuters) - he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor Tiff Macklem said on Friday, saying central bank needed to focus on risks ...
The Bank of Canada’s latest Monetary Policy Report featured “no warnings about upward underlying pressures,” National Bank economist Taylor Schleich writes. (REUTERS/Patrick Doyle/File photo) · ...
[Stay on top of transportation news: Get TTNews in your inbox.] While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear ...
Bank of Canada governor Tiff Macklem says a trade conflict with the U.S. could do more damage to the economy than the pandemic. Ana Pereira is a business reporter for the Star, based in Toronto.
DALLAS, February 21, 2025--(BUSINESS WIRE)--Sunflower Bank is pleased to announce that Bo Scott has joined Sunflower Bank as Executive Vice President and Chief Banking Officer. In this role ...
The Bank of Canada (BoC) delivers a widely expected 25 basis points rate cut, bringing interest rates down to 3.00% on Wednesday. This reduction in rates comes at a slower pace after back-to-back ...
Canada's big banks push for reforms in Ottawa to confront tariff risks Canada's big bank CEOs are urging the federal government to remove internal trade barriers, evaluate tax policies and other ...