Bank of Canada holds key rate steady at 2.25%, predicts economic rebound

CTV: But there are big caveats. Although the economy is showing signs of improvement and inflation is easing, the BOC’s new monetary policy report released today warns that uncertainty driven by U.S. tariffs and the war in the Middle East could knock potential growth off course.

The BOC report indicates that the level of gross domestic product was “roughly unchanged from the first quarter of 2025 to the first quarter of 2026.”…

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