'Signs of resilience' as Bank of Canada holds rates but trade uncertainty looms
July 30, 2025
Signs of resilience in the Canadian economy were enough for the Bank of Canada to leave its benchmark interest rate unchanged at 2.75 per cent, but the spectre of U.S. trade uncertainty continues to cast a shadow over the central bank’s decisions. (July 30, 2025)
Unpublished Newswire
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August 24, 2025 - 19:34 | The Canadian Press | Ottawa Citizen
It wasn’t lost on some people marking Ukraine’s Independence Day during a festival at Alberta’s legislature grounds on Sunday that their loved ones were still defending their own sovereignty back home.Anastasiya Kvashyna said she immigrated to Alberta from Ukraine when she was 10, and commemorating the 34th anniversary of Ukraine’s independence in Edmonton felt bittersweet.
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The federal government’s decision to lift most retaliatory tariffs on American goods is expected to deliver some relief to consumers, although experts watching the trade war say the “buy Canada” movement may continue to limit demand for U.S. products. Prime Minister Mark Carney announced on Friday that Ottawa will mirror U.S. tariffs by only imposing them on goods that are not compliant with the United States-Mexico-Canada trade agreement, which he said was designed to reset trade negotiations with President Donald Trump. The change will take effect on Sept. 1.
August 24, 2025 - 18:22 | Nojoud Al Mallees | The Globe and Mail
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