The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of England, is now running for leader of the Liberal Party.

Donald Trump hadn’t even settled into office before his presidency dominated politics — not only in the United States but also in Canada. His threat of across-the-board tariffs of 25% and musings about conquering the country with which the US shares the world’s longest undefended border startled politicians north of the 49th parallel — as well as journalists,

Liberal Party candidate Ruby Dhalla has joined the race to replace Justin Trudeau as Canada’s prime minister. Born in Winnipeg’s Manitoba to immigrants from Punjab, Dhalla has been part of the Liberal Party since she was a teenager.

Carney reportedly saw the Bank of England position as a stepping stone for his political ambitions in Canada when Trudeau stood down. After months of speculation, Mark Carney, the former Bank of England governor, has announced he will run to succeed Justin ...

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Carney helped Canada dodge the worst of the 2008 crisis while heading the country’s central bank. He also helped the U.K. to manage the after effects of Brexit during his 7-year tenure as governor of the Bank of England. “Mark brings unparalleled ...

In a report following its review of actions taken in response to the pandemic, the Bank of Canada committed to using an exit condition for quantitative easing (QE) in the event it’s needed again, and to communicate more clearly the rationale behind the use of the program.

Here’s the Bank of Canada’s official statement for its rate decision:

U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.

US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.

The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates to keep rising, while the Mexican peso and Canadian dollar held firm ahead of U.

Saturday could be the best indication so far, when Trump has promised to slap neighbours Canada and Mexico with 25% levies until both illegal migrants and the drug fentanyl stop crossing their borders. In scope for tariffs are a combined trillion dollars of U.S.-bound shipments a year.