The Bank of Canada cut its benchmark interest rate by a quarter point as it warns about the impact of the U.S. trade war on the Canadian economy. Governor Tiff Macklem warns that prices are expected to rise in the near term but the economy will also likely weaken, and the central bank is limited in what it can do to combat both forces at once. (March 12, 2025)
Breaking News:
- Kawhi Leonard Is a Raptor Again. Toronto Sent Two Unprotected Firsts to a Clippers Team the NBA Had Just Stripped of Five
- Two Federal Funders Backed Calgary’s $13-Million Ultimarii Round. A Stated Priority for the Money Is U.S. Regulatory Data
- On This Day: Georges Vanier Became Canada’s First French-Canadian Governor General, 1959
- Alberta’s Two-Tier Health Law Is Now in Force. The Federal Clawback Meant to Check It Cannot Land Before 2029
- Oilers Rookies Close Camp With a 6-1 Rout of the Flames Rookies in Calgary
- Ottawa Dropped In Situ Oil Sands From Federal Impact Assessment. An Unenforced Alberta Law Had Already Done That
- Wealthsimple Says Canada Should Have Had Real-Time Payments Five Years Ago. Payments Canada Is Still Testing, One Quarter Before Launch
- CMHC’s Toronto Mortgage Arrears Forecast Assumed Rate Cuts by Late 2026. Fixed Mortgage Rates Just Went the Other Way
Anne Joseph
Anne Joseph is a passionate social media writer and working at Bouxtie. She has strong strategy skills in developing and managing social media campaigns. She loves to make new connections and enjoy the opportunity to work with social media influencers. Start following her on Twitter.com.
Related Posts
