Published 8 days ago • loading... • Updated 8 days ago

Business Brief: The Bank of Canada’s year of constant change

Governor Tiff Macklem was up against shifting trade winds in 2025

Governor Tiff Macklem was up against shifting trade winds in 2025

8 days ago·Canada

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The Globe & Mail broke the news in Canada 8 days ago on Friday, December 19, 2025.

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The Bank of Canada adjusted rates four times amid U.S. tariff swings, ending 2025 with a 2.25% policy rate while facing elevated trade uncertainty and a USMCA review.