The central bank will instead focus on refining core inflation gauges and look at whether shelter costs are distorting readings.
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Candidates to Replace Canada's Trudeau Focus on Trump
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Canada's ruling Liberals move on from Trudeau with Trump boost
Are US Banks Banned in Canada? What We Know About Trump's Claim
In recent statements, President Donald Trump asserted that Canadian regulations prohibit U.S. banks from operating in Canada, a claim that has sparked confusion and controversy.
Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-than-expected earnings from three of Canada's big-five banks.
This time last year, Canadian banks were in a holding pattern as the Bank of Canada took longer than many had hoped to start cutting interest rates. Now we’re in a similar place, but it’s the possibility of a damaging trade war with the US that is weighing down Canadian financials,
Similar action on the EU will have smaller direct economic effects but be no less worrying for ECB rate-setters
OTTAWA--Bank of Canada Gov. Tiff Macklem said some technical features related to their preferred gauges of core inflation might be overstating the degree of price increases in the economy. Consumer-price index data for January,
Canada's Liberal Party leadership candidates, former House leader Karina Gould shakes hands with former Bank of Canada governor Mark Carney, near former Liberal MP Frank Baylis, and former Deputy Prime Minister and Finance Minister Chrystia Freeland,
OTTAWA, Feb 21 (Reuters) - he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor Tiff Macklem said on Friday, saying central bank needed to focus on risks such as the imposition of U.
The Canadian dollar steadied against its U.S. counterpart on Monday, extending its recent sideways trading pattern, as investors awaited greater clarity on prospects of U.S. trade tariffs and additional easing from the Bank of Canada.
Liberal leadership hopeful Chrystia Freeland says she wants her rival — former Bank of Canada governor Mark Carney — to join her cabinet if she wins the contest on Sunday and becomes prime minister.
Former prime minister Stephen Harper says Liberal leadership hopeful Mark Carney is taking too much credit for helping guide Canada's response to the 2008 global financial crisis. Carney's history leading the Bank of Canada from 2008 to 2013,
President Trump has complained that American banks are restricted from operating in Canada. They can, but are hamstrung.
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