Daily brief
The Bank of Canada held its key interest rate steady at 2.25% for the fifth consecutive time, as policymakers face a complex economic outlook. The decision comes amid ongoing trade uncertainty with the United States and mixed signals from the Canadian economy. Officials are grappling with a policy dilemma between supporting growth and managing inflation pressures.
Donald Trump said he may not renew the trade deal with Mexico and Canada, raising fresh uncertainty for North American commerce.
India is eyeing Canadian crude oil as Abu Dhabi explores gas opportunities, signaling shifting global energy trade patterns.
Amazon’s record bond deal shook up Canada’s credit market, while Apotex Health launched strongly on the Toronto Stock Exchange.
Anthropic launched a 'safe' version of its Mythos program, and the Gordie Howe International Bridge to Detroit is set to open this week, according to Mark Carney.