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Canada Holds Steady: Interest Rate Pause Signals Cautious Confidence

                      The Bank of Canada also held its policy rate at its last scheduled rate announcement in December. The Bank of Canada has opted to keep its key interest rate at 2.25% , a move that underscores a careful balancing act as the country approaches a pivotal moment in North American trade relations. With CUSMA (the Canada‑United States‑Mexico Agreement) negotiations on the horizon, policymakers appear intent on maintaining stability while assessing potential economic turbulence. The decision reflects a mix of optimism and prudence. Inflation has been easing gradually, giving the central bank some breathing room. At the same time, global economic uncertainty and the high stakes of upcoming trade talks mean officials are reluctant to introduce new variables into the financial system. By holding the rate steady, the Bank of Canada signals confidence in the economy’s underlying resilience while acknowledgin...
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Trudeau and Trump Meet in Florida Amid Tariff Tensions


In a high-stakes diplomatic encounter, Canadian Prime Minister Justin Trudeau met with U.S. President-elect Donald Trump at Mar-a-Lago in Florida on Friday evening. The dinner meeting came just days after Trump announced his intention to impose sweeping tariffs on Canadian and Mexican products, a move that has sparked significant concern on both sides of the border.

Trump has pledged to implement a 25% tariff on all goods entering the United States from Canada and Mexico as one of his first executive orders. This decision, he claims, is aimed at curbing the flow of drugs and illegal migrants across the borders. Trudeau, in response, has warned that such tariffs would not only harm Canadian businesses but also raise prices for American consumers and disrupt the North American trade pact.

The dinner, which included key figures from both administrations, was described as a "positive wide-ranging" discussion that lasted three hours. Topics covered included trade, border security, and the ongoing issues related to fentanyl and migration. Despite the tension, both leaders expressed a willingness to work together to address these challenges.



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