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Click to play video: 'Bank of Canada holds key policy rate at 2.75% amid U.S. tariff turmoil'

1:54 Bank of Canada holds key policy rate at 2.75% amid U.S. tariff turmoil

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Bank of Canada holds key policy rate at 2.75% amid U.S. tariff turmoil

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Bank of Canada keeps interest rate steady at 2.75% amid Trump tariff turmoil

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Liberal frontrunners Freeland, Carney submit official paperwork to enter leadership race

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Bank of Canada holds key policy rate at 2.75% amid U.S. tariff turmoil

April 16, 2025

Canada鈥檚 central bank is holding interest rates steady as U.S. President Donald Trump鈥檚 trade war with Canada intensifies. The Bank of Canada held its benchmark rate at 2.75 per cent Wednesday, ending a streak of seven consecutive rate cuts. Anne Gaviola has the story.

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