As largely expected, Bank of Canada holds key policy rate at 2.25% – for the fourth consecutive time, citing uncertainty caused by war in Iran and US trade policy; forecasts GDP growth of 1.2% in '26, 1.6% in '27 and 1.7% in '28; inflation 2.4% in March, will likely.../2
Bank of Canada holds target for overnight rate at 2.25%, citing increased volatility in global energy prices/financial markets due to Middle East war; after growing 2.4% in '25 Q3, Can GDP fell by 0.6% in Q4; inflation fell to 1.8% in Feb from 2.3% in Jan.
as population growth slows and Canada adjusts to US protectionism. Consumer spending to hold up and business investment to strengthen gradually; BoC projects growth of 1.1% in '26 and 1.5% in '27. Key source of uncertainty is upcoming CUSMA review.
#boc#bankofcanada#economy
Bank of Canada holds target for overnight rate at 2.25%, citing little change to outlook for global and Canadian economies, and vulnerable outlook due to unpredictable US trade policies and geopolitical risks. Economic growth projected to be modest in the near term.../2
Very special moment after hockey this week. The one and only Darryl Sittler joined host Joe Arfin and #10PointLager as they prepare for the upcoming 50th anniversary of Darryl’s historic 10-point game against Boston on Feb 7, 1976. Have a watch and listen 👍
#Leafsforever
Great news: Bank of Canada again reduces target for the overnight rate, by 25 basis points to 2.25%, citing uncertainty caused by US tariffs; projects GDP will grow 1.2% in 2025, 1.1% in 2026 and 1.6% in 2027.
#Economy#InterestRates
A crash this week caused by inconsiderate dog walkers (sore neck, back, wrist, arm, knee) won’t stop me from my eighth Ride to Conquer Cancer next weekend. Physio, Advil, ice, heat, bandaids, kin tape… I’m using them all. Please consider supporting 👇🙏
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A minor setback in training for the Ride to Conquer Cancer, thanks to an inconsiderate couple walking their dogs off leash on a shared path. Going to really earn it this year.
If you’d like to support, please see the link below.
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Ready to Ride! 2025 @RideToConquer kit arrived today! Thanks to my generous supporters, hit Ambassador level for the eighth straight year 🙏
If anyone would like to support…
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