Saturday, June 7, 2025, 8:21 am
Amid persistent global economic uncertainty, Bank of Canada officials maintained an overnight rate of 2.75 percent. Governor Tiff Macklem defended the pause, citing a shock‐prone financial climate, while video analyses from economists and industry leaders further scrutinized the decision’s implications on monetary policy.
Bank of Canada governor Tiff Macklem sat down for a one-on-one interview with The Canadian Press after the central bank held its benchmark interest rate steady.
Fresh out of an inflation crisis, the central bank now must contend with U.S. tariffs
Governor Tiff Macklem of the Bank of Canada was interviewed after the central bank held its overnight lending rate at 2.75 per cent for the second straight meeting.
OTTAWA — Tiff Macklem is wearing an Edmonton Oilers pin as he reflects on coming very close to beating big odds. It’s a significant day for the governor of the Bank of Canada: he’s just laid out his reasons to the entire country and a global audience for keeping the central bank’s benchmark…
Watch economists on interest rates and an industry leader on the future under higher tariffs
permalink / 5 stories from sources in 24 hours ago #economy #finance #globaltrade
At the G7 summit in Kananaskis, Canadian leaders are determined to secure breakthrough agreements in global peace, energy security, and international partnerships. Officials outlined their strategy, mixing progressive diplomacy with pragmatic negotiating tactics, even as critics question whether Canada’s broader economic issues can be addressed in isolation. More...
At a recent political gathering, Quebec Premier Legault maneuvered with notable panache by aligning with the new government led by Carney, seizing the moment to take jabs at his political adversaries, notably the PQ and PSPP. The calculated remarks hint at shifts ahead of upcoming elections, all delivered with unmistakable bravado. More...
In a recent political gathering, young CAQ members advanced proposals aimed at restricting union and student fee structures. The heated debate at the National Assembly saw these proposals framed as a measure to curtail union influence in political affairs, sparking a contentious discussion over regulatory oversight versus free association. More...
Alberta has opted to resume purchasing U.S. alcohol after a months-long pause aimed at fighting tariffs. Officials indicate that the policy shift returns the province to its previous procurement practices, reinforcing cross-border trade and reflecting altered economic priorities in provincial procurement strategies. More...
Nova Scotia’s ambitious ‘Wind West’ offshore wind initiative has secured cautious backing from environmental groups, contingent on public consultation and stringent ecological safeguards. The project promises renewable energy progress while sparking debate over community benefits and regulatory oversight. More...
US Ambassador Affirms Canada-US Economic Alignment Amid Tariffs (42 hours ago)
Quebec Premier Focuses on Economy as Legislature Wraps Up (42 hours ago)
May employment report shows higher-than-expected unemployment levels (2 days ago)
May employment report shows higher-than-expected unemployment levels (2 days ago)
Musk-Trump Feud Unravels, Sending Tesla Shares into Freefall (2 days ago)
Bank of Canada to announce interest rate decision amid trade tensions (4 days ago)
Carney and Trump engage in high-stakes trade negotiation talks (2 days ago)
Trump-Xi exchange revives U.S.-China trade talks amid tension (2 days ago)
Trump Declares China Deal Negotiations Exceptionally Challenging (3 days ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.