Bank of Canada mulls Trump tariff shock as it readies interest rates decision
Corroborated by 4 sources from 4 publishers
TL;DR
Bank of Canada set to hold rates as strong growth collides with trade risks The Bank of Canada's job has been complicated by the prospect of weaker growth and higher inflation, thanks to the retaliatory tariff blitz that followed the collapse of trade talks with the U.S. The impact is also expected to guide the BoC, which will publish its latest decision on Canadian interest rates at 9:45 a.m. ET on Wednesday.
Sources
1
Investing.com News
https://www.investing.com/news/economy-news/bank-of-canada-set-to-hold-rates-as-strong-growth-collides-with-trade-risks-4885699
2
Bloomberg Economics
https://www.bloomberg.com/news/articles/2026-09-02/bank-of-canada-holds-rates-at-2-25-as-tariff-war-heats-up
3
CNBC Top News
https://www.cnbc.com/2026/09/02/bank-canada-rate-decision-trump-tariffs.html
4
Dow Jones Social Economy
https://www.wsj.com/economy/central-banking/bank-of-canada-keeps-rate-steady-warns-trade-conflict-could-upend-recovery-9a477b9d?mod=rss_socialeconomyfeed