Canada rate cut: Central bank trims lending rate to 2.5%; economy struggles under Trump’s tariff war
Canada rate cut: Central bank trims lending rate to 2.5%; economy struggles under Trump’s tariff war
The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. Canada's GDP shrank significantly in the second quarter of 2025, with exports plummeting due to fading advance orders.
The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. Canada's GDP shrank significantly in the second quarter of 2025, with exports plummeting due to fading advance orders.
The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. Canada's GDP shrank significantly in the second quarter of 2025, with exports plummeting due to fading advance orders. 
