Bank of Canada halts rate cuts

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financialpost

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Business

Business & Economics

Posthaste: Bank of Canada would freeze rate cuts on Trump blanket 25% tariffs, economists say

Summary

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76% Informative

The Bank of Canada will halt rate cuts after a March trim if U.S. President Donald Trump imposes 25 per cent tariffs on most goods from Canada , say economists at Oxford Economics Group Ltd. The decision would upend standard thought about how policymakers respond to such traumatic events.

The economists think targeted tariffs on sectors, including metals, wood and agricultural products, will be the end result, not blanket tariffs.

Tax season is now underway, and if you moved in 2024 , you may be entitled to write off your moving expenses.

Not all moves, however, qualify as an “eligible relocation,” and the ability to deduct moving expenses can be challenged by the taxman.

Mortgage strategist Robert McLister ’s Financial Post column can help navigate the complex sector.

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formal

Language

English

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