Derek DeCloet

Plus: a French rant from Andrew Lutfy

Canadian recreational manufacturer BRP Inc. withdrew its financial outlook for the 2027 fiscal year, saying it faces a C$500 million ($363 million) cost from recent changes by the Trump administration to its tariffs.

Plus: Canadian oil producers choose not to raise output

Canadian government bonds rallied across the curve after the Bank of Canada held its policy interest rate steady and Governor Tiff Macklem described the economy as “weak.”

The Bank of Canada is likely to keep rates on hold through most of 2027 and allow the Canadian dollar to weaken further even if US monetary policy tightens, Bank of America says.

The Bank of Canada won’t provide its interest rate decision on an embargoed basis to media outlets on Wednesday because of a planned protest in support of striking security guards.

The Bank of Canada won’t provide its interest rate decision on an embargoed basis to media outlets on Wednesday because of a planned protest in support of striking security guards.

A Canadian judge threw out a sexual assault conviction against former automotive magnate Frank Stronach, citing a “bizarre” letter from a lawyer representing one of the women who testified against him, according to a local media report.

Canadian telecommunications company Telus Corp. slashed its dividend by 55% and will try to unload assets, including parts of its health division, as new CEO Victor Dodig looks to repair the balance sheet.

Two of Canada’s largest banks agreed to sell payments firm Moneris Solutions Corp. to Francisco Partners for C$2 billion ($1.4 billion) in cash.