Economists expect the Bank of Canada to hold its benchmark interest rate steady for the fifth straight time when it meets Wednesday, but its messaging could shed light on how it is navigating ongoing geopolitical uncertainties. The central bank held its policy rate at 2.25 per cent when it last met in April. Bank of Canada governor Tiff Macklem at the time did not rule out future adjustm... Read more →
Financial system resilience At the time of the previous Report, the United States had only recently begun pursuing its new trade policy. The situation was highly volatile, making it difficult to predict how the Canadian economy and financial system would be affected. So far, the impacts have been less widespread than was initially feared. Most Canadian trade with the United States remain... Read more →
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