Canadian Press NewsAlert: Bank of Canada holds key rate steady amid trade war

By Canadian Press on April 16, 2025.

OTTAWA — The Bank of Canada held steady its key interest rate today amid the economic effects of the ongoing trade war.

That leaves its policy rate at 2.75 per cent.

The central bank also released its latest quarterly economic forecast, warning the current environment makes projections unusually challenging.

More coming.

The Canadian Press