Listen Live

Central Bank slashes interest rate for sixth time as American tariffs loom

The Bank of Canada has lowered its key interest rate by a quarter percentage point, bringing it to three per cent.

This is the 6th consecutive cut since June.

In its decision, the central bank cited inflation hovering around 2 per cent and an economy in excess supply.

But it also flagged U.S. trade policy as “a major source of uncertainty” that will test the Canadian economy.


Be the first to know! Don’t miss out on breaking news and daily updates in your area. Sign up to MyEastKootenayNow News Alerts.

Continue Reading

cfsm Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Canadian Indigenous Music

Explore the vibrant world of Canadian Indigenous music with our curated list of talented Indigenous artists from across the country.

News Alert Sign Up

Be the first to know! Whenever there's breaking news in...

Now Hiring

Local business looking for new employees!

Lost Kootenays: A portal into our past

What started off as a Facebook group, Lost Kootenays...

Secret Sound

One Sound ... One Guess ... and a Jackpot...
- Advertisement -