canada tariff - Search News

Bank of Canada cuts rates

Hosted on MSN · 2h

Bank of Canada cuts rates, says tariffs could stoke persistent inflation

The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.

YAHOO!Finance · 5h

Live updates: Bank of Canada cuts key interest rate by another 25 basis points, as Trump tariffs loom

In December 2024, Governor Tiff Macklem pointed to a 2019 internal simulation of the U.S. imposing significant tariffs. That study examined the consequences of a 25 per cent tariff on all imports (rather than from specific countries), so there are some limitations to its relevance — but the modelled impacts are nonetheless gloomy.

Toronto Star · 1h

Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%

Bank of Canada governor Tiff Macklem said following Wednesday's announcement that there is not much central bankers can do to offset the economic consequences of a trade war.

Trump team threatens 2 phases of tariffs on Canada

National Post · 1h

U.S. says Canada can avoid tariffs with border action

President Donald Trump’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to U.S. soil.

Trump team threatens two phases of tariffs on Canada

The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days then face broader penalties this spring. In summary it's: Maybe tariffs now,

Global News on MSN · 16h

Canada considering pandemic-like relief to Trump tariffs

U.S. President Donald Trump is expected to slap a 25 per cent tariff on all Canadian imports beginning Feb. 1. Touria Izri explains how the federal government is considering pandemic-like relief payments to try to offset those tariffs,

58mon MSN

Canada minister says any US tariff response would not single out Alberta

Any Canadian response to U.S. tariffs will be regionally fair and equitable and not single out Alberta, Canada's main ...

9h

Trump tariffs: Why the President shifted focus to Canada

Throughout President Trump’s election campaign and even in the days following leading up to Inauguration Day, the commander ...

1hon MSN

Ontario leader calls for snap election to fight Trump’s threatened tariffs

The leader of Ontario, Canada’s most populous province, has kicked off his provincial election campaign, saying he needs a ...

22hon MSN

Ontario's 'Captain Canada' calls snap election as Trump tariff threat looms

Ontario premier Doug Ford has triggered an early election in the province, saying he needs a strong mandate to take on the ...

22h

G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs

General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump ...

20hon MSN

Trump’s tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes

Trump has repeatedly insisted that tariffs are coming on Canada and Mexico, despite both countries seeking to address his ...

1hon MSN

Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs

President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can ...

The Canadian Press on MSN2h

Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

The gap in interest rate policies between Canada and the U.S. is set to widen further as the Bank of Canada cut its key ...

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