Deputy Governor Carolyn Rogers looks on as Bank of Canada Governor Tiff Macklem is seen during a news conference in Ottawa, on March 18, 2026. The Canadian Press/Adrian Wyld
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Monetary policy-makers at the Bank of Canada are relying more heavily on their own reasoning to chart a course for the policy interest rate through conflicting economic signals tied to the war in the Middle East.
A summary of deliberations from the Bank of Canada governing council’s decision to hold the policy rate steady at 2.25 percent on March 18 was released Wednesday.
