Canada, tariff and benchmark interest rate

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.
Bank of Canada rate cut reflects U.S. tariff threat, officials fear permanent GDP hit
Bank of Canada officials decided to cut its benchmark interest rate by 25 basis points to 3% last month to better balance inflation risks, and support the economy in light of U.S. President Donald Trump's tariff threat as "the adverse impact on the level of GDP would be permanent."
Bank of Canada Lowers Rates as Tariff Concerns Grow
Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.
The Bank of Canada just cut interest rates again — Here's what it means for you
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Bank of Canada cuts key rate with ‘trade war storm’ on horizon
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
Top Bank of Canada officials speak after latest interest rate cut
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 basis points to 3%.
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Prime Rate History In Canada
Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate ...
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10 steps to take with the Bank of Canada interest rate change: How 1.2 million mortgage holders can prepare
How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners ...
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Background information on foreign exchange rates
The Bank of Canada does not guarantee the accuracy or completeness ... and the published annual 2017 rate will be based on the current methodology only. Historical Canadian-Dollar Effective ...
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The Bank Of Canada Cuts Key Interest Rate to 3%
Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...