Canada Economic Recession Warning

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Bank of Canada Holds Rate Steady

Bank of Canada holds key rate steady but says a future cut is possible

The Bank of Canada on Wednesday held its key benchmark rate at 2.75%, citing the need to probe the effects of U.S. trade policy, but said another cut might be necessary if the economy weakened in the face of tariffs.

The Wall Street Journal on MSN · 6h

Bank of Canada Holds Rate Steady as Economy Softens, Inflation Accelerates

The Bank of Canada on Wednesday left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and inflation has picked up steam.

ING Think · 5h

Bank of Canada holds, but July cut quite possible

The BoC held rates today in line with expectations, but growth and labour market deterioration can easily tilt the balance to a cut at the July meeting. As it’s now the new normal, much will also depend on the US-Canada trade relationships. Anyway, CAD remains one of our least favourite currencies in G10

Canada, Trump and Carney

Bloomberg · 1d

Carney’s Budget Delay Adds to Economic Uncertainty in Canada, Analysts Say

Prime Minister Mark Carney’s decision to delay Canada’s budget until later this year increases economic uncertainty but isn’t likely to spark worries among investors, say a majority of economists in a Bloomberg survey.

Newsweek on MSN · 1d

Carney unveils infrastructure boost as Trump targets Canada's economy

The projects are designed to diversify trade away from the U.S. and make the country more independent economically.

Tagtik on MSN · 8h

Canada goes for broke to boost economy amid Trump’s tariffs

Canadian Prime Minister Mark Carney announced that his government will advance legislation to authorize large-scale, ambitious projects aimed at boosting the national economy in response to new tariffs imposed by Donald Trump.

Cryptopolitan on MSN12d

Canada’s economy is likely in the early stages of a recession

Canada is now sliding into the early stages of a recession, with new numbers and forecasts showing the economy shrinking and ...

12d

Canada recession has already begun as trade war rages on, economists say

The trade dispute with Canada’s closest trading partner is hitting the labour market and household consumption. Economists ...

12don MSN

Crisis coming: Top economist says Canada is entering a recession that could cost 100,000 people their jobs

TD Bank's chief economist Beata Caranci has issued a warning that Canada is heading into a recession, potentially resulting ...

5don MSN

What Canada’s GDP growth means for the upcoming interest rate decision

The latest gauge on the Canadian economy was stronger than most economists expected, but the boost in productivity during the ...

Donald Trump’s steel tariffs prompt anger and warnings of ‘catastrophic’ job cuts in Canada

Canada’s steel industry warned of “catastrophic” job losses, factory slowdowns and supply chain disruption after US President ...

ABC News21d

Recession warnings fade after Trump rolls back tariffs

Trump has also eased sector-specific tariffs targeting autos, and rolled back duties on some goods from Mexico and Canada. “These massive tariff reductions at this time likely take a recession ...

12don MSN

Economists say Canada recession has already begun as trade war rages on

Canada’s economy is likely in the early stages of a recession, according to forecasters, as unemployment rises and exports ...

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