Thursday, 30 January 2025

Here's the Bank of Canada's worst-case scenario for Trump's tariffs


CBC News has the story.

The Bank of Canada's latest decision to lower its key rate to three per cent comes during a looming tariff war with the United States. Andrew Chang breaks down the central bank's projection for how a ‘severe scenario’ could look if Trump imposes 25 per cent tariffs on Canadian imports.

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