Bank of Canada Cut Rates to Shield Economy From Possible Trade Fallout, Minutes Say
A need to fuel faster growth and shield the economy from U.S. trade-policy uncertainty led senior Bank of Canada officials to agree on a quarter-point rate cut last month, according to minutes summarizing central bank deliberations.
Opinion
A U.S.-Canada trade war has no winner
History tells us that in a world of uncertainty and instability, Canada and the United States are stronger together.
Opinion
Trump’s short-sighted trade war with Canada is already hurting the US
Instead of turning economic policy into a battleground, let us work together to fortify the alliances that have kept North America secure for generations.
Bank of Canada: GDP level would be permanently hit by protracted U.S. trade war
The Bank of Canada's governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level of domestic GDP, the minutes of a policy decision meeting showed on Wednesday.
Canada Tariffs Delayed Too: Trade War Updates
According to President Sheinbaum, Mexico has cut a deal with the U.S. to delay the tariffs. Under the deal, she said Mexico is sending another 10,000 members of its national guard to the southern border to combat drug traffickers, while the U.S. has agreed to do more to prevent the trafficking of high-powered weapons to Mexico.
Bank of Canada says trade war will hurt Canada more than the United States
The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on Wednesday.
January rate cut came as Bank of Canada weighed U.S. tariff threat
The potential for prolonged trade war with the United States weighed heavily on the Bank of Canada when it decided to cut its interest rate to three per cent last month.
Auto industry and trade ties at risk due to US-Canada tariffs, say experts
Canada would likely impose its own tariffs on U.S. goods if they're levied here, meaning consumers on both sides of the ...
Canada’s 13 Premiers Descend on Washington to Play the China Card on Trade
The leaders of Canada’s provinces and territories took their case against tariffs to Washington on Wednesday, trying to ...
Trump’s tariff gambit: How to win a trade war with Mexico and Canada
President Trump has implemented new 25 percent tariffs on imports from Canada and Mexico, and an additional 10 percent tariff ...
CEO of Canada’s 2nd-biggest company defends Trump’s tariff demands, slams Trudeau for not stopping trade war
These are things that every Canadian wants its government to do, too. These are not crazy demands, even if they came from an ...
Canada posts first trade surplus in 10 months, driven by US stockpiling, strong demand
Canada in December posted its first trade surplus in 10 months as exports expanded faster than imports, led by a push by U.S.
Canada leaders take push against tariffs to White House
All 13 of Canada's provincial and territorial leaders were in the US capital as the country seeks to avoid punitive trade ...
Generals Pour Cold Water on Canada Going to War With US as Videos Go Viral
Videos alleging the U.S. and Canada could go to war amassed millions of views on TikTok, but retired military leaders disagree.
Canada seeks stronger EU trade ties in face of Trump tariffs
Canada is also pushing to diversify its exports and set itself a target in 2018 of increasing non-U.S. exports by 50% by 2025 ...