Canada Economic Growth

Canada, trade war and central bank

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.

Global News on MSN · 2d

Tariff threats are enough to chill Canada’s economy, central bank says

The bank also warned that retaliatory tariffs by Canada and other nations against the U.S. if Donald Trump imposes tariffs could cause a period of inflation.

Financial Post on MSN · 2d

Bank of Canada says trade war will hurt Canada more than the United States

The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on Wednesday.

Wall Street Journal · 8d

Prolonged Trade Uncertainty to Weigh on Economic Growth, Bank of Canada’s Macklem Says

The longer uncertainty over tariffs persists, the more it will damp economic activity, the central bank governor said.

The Canadian Press on MSN · 2d

January rate cut came as Bank of Canada weighed U.S. tariff threat

The potential for prolonged trade war with the United States weighed heavily on the Bank of Canada when it decided to cut its interest rate to three per cent last month.

Regulatory Burden Drags Down Canada’s Economic Growth, Agency Says

The rising number of rules and regulations shaved almost 2 percentage points off the growth in output from Canada’s business ...

Sharp rise in regulatory burden is harming Canada’s economic, job growth: study

The consequence of regulatory accumulation has been weaker business dynamism, meaning fewer firms entering and exiting the ...

Regulatory burdens drag down Canadian economic growth

Statistics Canada offered an estimate of how much economic activity is lost because of regulatory burden, as policymakers ...

Canada Regulations Reduced Growth, Business Investment, Data Agency Says

The data agency's researchers calculated that regulatory requirements imposed by Canadian authorities were 37% higher in 2021 relative to those of 2006. The accumulation of regulations led to lower ...

Canada's Unemployment Rate Drops Again in January, Posts Solid Job Gains

In January, the unemployment rate was 6.6%, a notch below the 6.7% seen in the prior month and the economy added a net of ...

USA TODAY on MSN11d

Trump's tariffs on Mexico, Canada, China would sock economy, lift inflation

The tariffs on Canada, Mexico and China that Trump announced would have a significant impact on the U.S. economy and ...

11don MSN

Trump to pause tariffs on Canada after reaching same agreement with Mexico

The two nations threatened retaliation of their own, raising the prospects of a broader regional trade war with the U.S. In a ...

What The Threat Of Tariffs Could Mean For Canada's Economy Longer Term

Derek Burleton, Vice President and Deputy Chief Economist with TD, discusses how the trade rift could impact the nature of trade and economic growth going forward.

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