3 h. ago Bank of Canada Shows Inflation Will Shape Trade War Response

The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage.

Economics

4 h. ago Mark Carney expected to be sworn in as prime minister Friday: source

Carney will replace Justin Trudeau after winning a race for the Liberal leadership on Sunday, and will take the reins of government amid a growing trade war with the U.S.

Politics

4 h. ago Mark Carney expected to be sworn in as prime minister Friday: sources

Carney will replace Justin Trudeau after winning a race for the Liberal leadership on Sunday, and will take the reins of government amid a growing trade war with the U.S.

Politics

5 h. ago TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

Canada’s main stock index rose Wednesday while U.S. markets were mixed, after 25% tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.75 per cent. The S&P/TSX composite index was up 175.14 points at 24,423.34. In New York, the […]

Economics

5 h. ago Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now

There are voices in the investor community who think tariffs will win out over inflation, making more rate cuts likely

Economics

5 h. ago U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can’t lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

Economics

6 h. ago House hunting in a trade war? What Bank of Canada’s rate cut means for you

The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.

Economics

7 h. ago Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025. The trade uncertainty has spiked inflation expectations among […]

Economics

7 h. ago Royal Bank of Canada, TD Bank cut prime rate to 4.95%, following Bank of Canada’s lead

Reduction takes effect March 13

Other

7 h. ago REVIEW: Nathaniel Rateliff and The Night Sweats uplift Edmonton amid trade war: 'I know our country sucks right now'

"F--- these tariffs, and f--- our president. We love you so much," Rateliff said

Economics

8 h. ago Multistrategy Hedge Funds’ Haven Appeal Tested Amid Trump Trade War

Multistrategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market selloff that’s forcing them to unwind crowded trades at a ferocious clip.

Economics

9 h. ago Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision

The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent. Though the series of rate cuts has eased some pressure on consumers after the central bank hiked rates to fight inflation, the burgeoning trade war with the U.S. has cast a […]

Economics

9 h. ago Could trade war, interest rate cut help millennials and gen Z enter housing market?

Economic uncertainty, slowing demand and growing supply may boost buyers’ chances, though 'crystal ball is very, very foggy'

Economics

11 h. ago Canada hitting U.S. with $29.8B in reciprocal tariffs in response to steel and aluminum levies

Canada will be imposing 25 per cent reciprocal tariffs on $29.8 billion of American imports after levies on steel and aluminum went into effect

Economics

11 h. ago Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut. The move was widely expected by economists. […]

Economics

13 h. ago Goldman Sachs Warns of Stress on Corporate America From Tariffs

Goldman Sachs Group Inc. is turning more cautious on US credit and equity markets, becoming the latest on Wall Street to sound the alarm as the world’s largest economy is battered by President Donald Trump’s escalating trade war.

Economics

14 h. ago Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

OTTAWA — The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy. Economists polled by Reuters widely see the central bank lowering its key lending rate to 2.75 per cent, which would mark its seventh consecutive cut. The decision comes as a […]

Economics

14 h. ago Tariff war forcing N.B. to cut trade barriers, go into deficit in next week’s budget

"So, I think we have to break down the things that have prevented us from sharing the things that we're great at," Premier Susan Holt says.

Economics

14 h. ago FIRST READING: Americans aren’t liking this trade war, either

Trump's popularity is sinking due in large part to his pursuit of tariffs against Canada

Economics

15 h. ago Gold Steadies as Markets Weigh Trade War and US Recession Risks

Gold steadied, underpinned by haven demand after Wall Street was whipsawed by President Donald Trump’s on-off tariff plans and his latest comments downplaying fears of a recession.

Economics