The Opposition with Dan Knight

The Opposition with Dan Knight

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The Opposition with Dan Knight
The Opposition with Dan Knight
Bank of Canada Slashes Interest Rates as Trade War Wreaks Havoc

Bank of Canada Slashes Interest Rates as Trade War Wreaks Havoc

With businesses cutting jobs, inflation rising, and consumer confidence collapsing, the BoC scrambles to contain the damage

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Dan Knight
Mar 13, 2025
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The Opposition with Dan Knight
The Opposition with Dan Knight
Bank of Canada Slashes Interest Rates as Trade War Wreaks Havoc
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The Bank of Canada just cut interest rates again, this time by 25 basis points, bringing the rate down to 2.75%. On the surface, that might sound like good news—lower rates usually mean cheaper borrowing, easier access to credit, and in theory, more money flowing into the economy. But let’s be clear about what’s actually happening here. The Canadian eco…

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