Montreal, Jan 28, 2026 (AFP) - Bank of Canada holds key rate at 2.25 percent, warns of 'unpredictable' US

NAMPA / AFP

2026-01-28

Canada's central bank held its key lending rate at 2.25 percent on Wednesday, in a widely expected move, while warning that the economy remains "vulnerable to unpredictable US trade policies." "US trade restrictions and uncertainty continue to disrupt growth in Canada," the Bank of Canada said in a statement, days after President Donald Trump threated 100 percent tariffs on Canadian goods -- levies that would upend the economy if implemented. bs......

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