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Bank of Canada Holds Rates Steady

Bank of Canada says US tariffs could trigger deep recession

If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, according to a Bank of Canada scenario released on Wednesday.

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Bank of Canada holds rates, says tariffs could cause deep recession

The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.

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Canada central bank holds interest rate steady amid tariffs chaos

The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to shifting US trade policy and tariffs.

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Canada to spare automakers, other sectors from some tariffs on US imports

Canada will allow some relief to domestically-based automakers and manufacturers in specific sectors from counter-tariffs ...

Honda to relocate Mexico, Canada production to US to get around Trump tariffs - reports

Honda, which has significant operations in Marysville and Ohio, reportedly will boost US vehicle production in response to ...

Exclusive-Toyota Weighs Adding US Production of New RAV4 in Response to Tariffs, Sources Say

Toyota makes the current version of the popular SUV in Kentucky, Canada and Japan. It originally planned to export the new ...

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Chile, Canada and Peru push back against Trump's copper tariff probe

Chile, Canada and Peru - three of the largest copper suppliers to the United States - have told President Donald Trump's ...

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Canada was mostly spared from Trump’s reciprocal tariffs, but it must not grow complacent

Canada must stand in solidarity with the international community to exert collective pressure on the U.S. A co-ordinated ...

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Many Canadians consider US ‘unfriendly’ amid tariff war: Survey

Many Canadians consider their southern neighbor “unfriendly” amid tensions over President Trump’s trade policies, according ...

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Canada Introduces 25% Tariff on US Car Imports – But the Impact Isn’t What You’d Expect

Canada, the US’ largest car export market, has enacted a 25% reciprocal tariff on US auto imports in response to the Trump administration’s vehicle tariffs that began on April 3. While ...

This is how tariffs could affect the cost of renovations for NJ homeowners

The cost of renovations for NJ homeowners could be on the rise as a result of President Donald Trump's tariff policies.

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Tariffs threaten entry level-priced car inventory, experts warn

Automotive experts say tariffs could reduce the number of entry level-priced vehicles in the market as dealerships cut back ...

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