
Canada-US trade war


Economists react to the Bank of Canada’s 25-bps rate cut: What’s next for rates?
March 12, 2025
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The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic uncertainty and the fallout from U.S. trade tensions.

Ontario backs down on electricity surcharge after Trump threatens 50% tariffs
March 11, 2025
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Ontario has backed away from its controversial 25% surcharge on electricity exports to the U.S., following sharp warnings from the White House about substantial retaliatory tariffs.
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