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Bank of Canada On Sidelines, Juggling U.S. Policy and High Oil Prices — Market Talk

Canada's central bankers remain firmly on the sidelines, highlighting a difficult balancing act as they confront another spike in oil prices and fresh wave of U.S. protectionism, Desjardins' Royce Mendes says. The latest round of U.S. tariffs risk derailing recent economic momentum in Canada, but t…

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02:56:59 PM UTC
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The Bank of Canada is likely to remain on hold for longer than markets currently expect as the trade war with the U.S. increases monetary policy risk and raising inflationary pressures hamstring growth, Sibley Creek's Jay Zhao-Murray argues. The central bank for a seventh time in a row left its pol…

Canada's central bankers remain firmly on the sidelines, highlighting a difficult balancing act as they confront another spike in oil prices and fresh wave of U.S. protectionism, Desjardins' Royce Mendes says.

The latest round of U.S. tariffs risk derailing recent economic momentum in Canada, but t…