“Increased trade friction with the United States is a new reality,” he warned Friday, adding that “Unlike the pandemic, if tariffs persist there will be no economic bounceback,” noting that tariff ...
TORONTO, Feb 21 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday as the greenback notched ...
The COVID-19 pandemic eventually brought a rapid recovery for the economy, but Bank of Governor Tiff Macklem says don’t ...
Canada's main stock index fell more than 350 points Friday amid broad-based losses, while a 2.2. per cent loss on the Nasdaq ...
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‘There won’t be a bounceback’: Macklem warns of long-lasting impact of Trump tariffsBank of Canada Governor Tiff Macklem issued a stark warning during a speech to members of the Mississauga Board of Trade on ...
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Macklem says Trump tariffs would ‘wipe out growth in the economy’ of Canada for 2 yearsBank of Canada Governor Tiff Macklem said Friday that tariffs imposed by U.S. President Donald Trump would “all but wipe out ...
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MT Newswires on MSNTSX Closer: The Index Completes a Hat Trick of Losses Amid Concerns Around the Impact of Likely TariffsThe Toronto Stock Exchange fell for a third-straight session Friday, dropping sharply as a tariff war between Canada and the United States is seen as imminent while oil prices moved sharply lower. The ...
Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two ...
The central bank head says the next rate decision on March 12 depends on “facts on the ground” as Trump’s tariff threat ...
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.
OTTAWA--Canada's economy is on solid footing but the breakout of a protracted trade conflict with the U.S. would have "severe" consequences and demand further rate cuts, Bank of Canada Gov. Tiff ...
Bank of Canada governor Tiff Macklem said the shock from U.S. tariffs would be very different from the economic downturn ...
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