Why is the Bank of Canada holding interest rates steady amid a trade war?

Why is the Bank of Canada holding interest rates steady amid a trade war?

September 2, 2026 9:06 am PST.

The Bank of Canada is holding the key interest rate steady at 2.25 per cent amid a trade war between Canada and the United States. Sr. Business Analyst Mike Eppel breaks down the decision, and whether the central bank will need to take action soon.

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