Bank of Canada cuts rates as it warns trade war 'would badly hurt economic activity in Canada'
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher cost of imported goods will put direct upward pressure on inflation,” Bank of Canada Governor Tiff Macklem said in a prepared opening statement on Wednesday.
Rising costs, declining demand, and complex regulations are converging to create a growing obstacle to the development and ...
Bank of Montreal dismissed a managing director as it was finalizing an SEC settlement deal over mortgage bonds. The U.S.
Canada's games industry contributed $5.1 billion to its GDP in 2024, reflecting a 3% increase in the sector since 2021.
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