<\/p>\n
\n\t\t\n\t\t\tDescrease article font size<\/span>\n\t\t\t\t\n\t\t\n\t<\/svg>\n\t\t\t<\/button>\n\t<\/p>\n\n\t\t\n\t\t\tIncrease article font size<\/span>\n\t\t\t\t\n\t\t\n\t<\/svg>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n\nInterest rates in Canada are holding steady for now after the central bank left it unchanged on Wednesday.<\/p>\n<\/p>\nThe Bank of Canada opted to keep its overnight benchmark at 2.75 per cent, as most economists expected.<\/p>\nThis marks the third straight monetary policy meeting where rates have held steady after seven straight rate cuts that began in June of 2024 and ended in March of 2025.<\/p>\nIn its report, the central bank cited economic \u201cuncertainty\u201d surrounding the current trade war as one of the main themes which led to this decision.<\/p>\n\u201cThe outlook for the Canadian economy remains clouded. The global trade conflict continues to evolve,\u201d the report says.<\/p>\n\n\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\nGet weekly money news<\/h2>\nGet expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\u201cThis trade-related uncertainty has two layers. The first layer is around US trade policy, and the second layer of uncertainty is about how households, businesses and governments will react and adapt to tariffs.\u201d<\/p>\n\nStory continues below advertisement<\/p>\n<\/p><\/div>\n\n\n\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t1:54<\/time>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBusiness Matters: Bank of Canada widely expected to hold key rate steady amid trade uncertainty<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\tTrending Now<\/span>\n\t<\/p>\n\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tTsunami watch upgraded to advisory for much of B.C. coast after M8.8 quake off Russian coast<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
\n\t\t\n\t\t\tIncrease article font size<\/span>\n\t\t\t\t\n\t\t\n\t<\/svg>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n\nInterest rates in Canada are holding steady for now after the central bank left it unchanged on Wednesday.<\/p>\n<\/p>\nThe Bank of Canada opted to keep its overnight benchmark at 2.75 per cent, as most economists expected.<\/p>\nThis marks the third straight monetary policy meeting where rates have held steady after seven straight rate cuts that began in June of 2024 and ended in March of 2025.<\/p>\nIn its report, the central bank cited economic \u201cuncertainty\u201d surrounding the current trade war as one of the main themes which led to this decision.<\/p>\n\u201cThe outlook for the Canadian economy remains clouded. The global trade conflict continues to evolve,\u201d the report says.<\/p>\n\n\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\nGet weekly money news<\/h2>\nGet expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\u201cThis trade-related uncertainty has two layers. The first layer is around US trade policy, and the second layer of uncertainty is about how households, businesses and governments will react and adapt to tariffs.\u201d<\/p>\n\nStory continues below advertisement<\/p>\n<\/p><\/div>\n\n\n\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t1:54<\/time>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBusiness Matters: Bank of Canada widely expected to hold key rate steady amid trade uncertainty<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\tTrending Now<\/span>\n\t<\/p>\n\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tTsunami watch upgraded to advisory for much of B.C. coast after M8.8 quake off Russian coast<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
Interest rates in Canada are holding steady for now after the central bank left it unchanged on Wednesday.<\/p>\n
The Bank of Canada opted to keep its overnight benchmark at 2.75 per cent, as most economists expected.<\/p>\n
This marks the third straight monetary policy meeting where rates have held steady after seven straight rate cuts that began in June of 2024 and ended in March of 2025.<\/p>\n
In its report, the central bank cited economic \u201cuncertainty\u201d surrounding the current trade war as one of the main themes which led to this decision.<\/p>\n
\u201cThe outlook for the Canadian economy remains clouded. The global trade conflict continues to evolve,\u201d the report says.<\/p>\n
Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n
\u201cThis trade-related uncertainty has two layers. The first layer is around US trade policy, and the second layer of uncertainty is about how households, businesses and governments will react and adapt to tariffs.\u201d<\/p>\n
Story continues below advertisement<\/p>\n<\/p><\/div>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t1:54<\/time>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBusiness Matters: Bank of Canada widely expected to hold key rate steady amid trade uncertainty<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\tTrending Now<\/span>\n\t<\/p>\n\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tTsunami watch upgraded to advisory for much of B.C. coast after M8.8 quake off Russian coast<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\tTrending Now<\/span>\n\t<\/p>\n\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tTsunami watch upgraded to advisory for much of B.C. coast after M8.8 quake off Russian coast<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
\n\t\tTrending Now<\/span>\n\t<\/p>\n\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tTsunami watch upgraded to advisory for much of B.C. coast after M8.8 quake off Russian coast<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
\n\t\t\t\t\tTsunami watch upgraded to advisory for much of B.C. coast after M8.8 quake off Russian coast<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n\n\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
\n\t\t\t\t\tExtremist influencers \u2018weaponizing femininity,\u2019 warns Canadian intelligence report<\/span>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/li>\n<\/ul>\n<\/section>\nThe Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\nBank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\nMore to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
The Bank of Canada also described its ongoing priority to maintain price stability by keeping inflation within its target range of between one to three per cent price year-over-year increases.<\/p>\n
\u201cTariffs have had only a limited effect on inflation to date. Household inflation expectations remain elevated, while businesses\u2019 inflation expectations have moderated,\u201d the report says.<\/p>\n
\u201cSome businesses, however, report that the shifts in global trade are imposing new costs on their operations.\u201d<\/p>\n
Bank of Canada Governor Tiff Macklem is expected to deliver remarks and answer questions from the media at a press conference beginning at 10:30am Eastern.<\/p>\n
More to come.<\/em><\/p>\n\u00a0<\/p>\n\n\n\t\t\tMore on Money<\/button>\n\t\t\tMore videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n\n\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n
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\n\t\t© 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n<\/div>\n