Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing electricity exports to the US if it needs to retaliate against tariffs from the Trump administration.
Bank of Canada cuts interest rates, warns trade conflict will ‘hurt’
The Bank of Canada (BOC) has trimmed its key policy rate by 25 basis points to 3 percent, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has also announced an end to its quantitative tightening programme, which had been used to shrink its balance sheet. Instead, it will restart gradual asset purchases so its balance sheet stabilises as a proportion of GDP.
Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Bank of Canada readies for a trade war sparked by possible U.S. tariffs
The Bank of Canada just delivered a quarter-point interest-rate cut that lowers its policy rate to 3%, yet it may be in a bit of a conundrum due to the uncertainty around the timing, scope and duratio
Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook
The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
Canada’s social-democrats advocate “national unity” to wage tariff war on US
The impending Canada-US trade war is a reactionary conflict between rival imperialist powers that will be waged at the ...
U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to ...
Canada December wholesale trade most likely up 0.1% - Statscan flash estimate
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
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Canada Faces Trade Shock as Trump Tariffs Threaten CUSMA
New U.S. tariffs on Canadian exports threaten CUSMA, forcing Canada to rethink trade strategies amid rising protectionism.
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Lutnick: Canada, Mexico Can Avoid U.S. Tariffs if They Act Quickly
He noted those tariffs were separate from a broad effort by the Commerce Department, the U.S. Trade Representative’s office ...
US commerce nominee says Canada and Mexico can avoid tariffs
President Donald Trump's pick to lead the Commerce Department has told US lawmakers that Canada and Mexico can avoid blanket ...
Fact check: Trump makes false claims about trade with Canada and Europe in remarks to Davos
President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...
Ex-Finance Minister Chrystia Freeland’s Vision for Canada in the Trump Era
Chrystia Freeland sent shockwaves through Canada when she resigned as Prime Minister Justin Trudeau’s Finance Minister in ...