Bank of Canada Holds Rate Amid Global Uncertainty

The Bank of Canada kept its key interest rate steady at 2.25 per cent on Wednesday, as expected by economists due to ongoing trade tensions and renewed hostilities in the Middle East.

This marks the seventh consecutive time the bank has held the rate, a decision that reflects the uncertainty surrounding global events.

Meanwhile, Canada's housing ambitions are being hindered by infrastructure issues, with some communities struggling to handle growth due to inadequate water and sewer systems.

The F-Series pickups from Ford have been the best-selling vehicle in Canada for 16 years, and General Motors is increasing production in the country, which may be why U.S. negotiators are focused on enforcing higher tariffs on Canadian-made pickups.