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The Bank of Canada held its key interest rate steady on Wednesday, as was widely expected, and two experts say conflicting economic data is likely what kept the bank on the sidelines.
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Canada’s steel industry needs the federal government to take swift action as it faces an existential threat from steeply increased U.S. tariff, said Catherine Cobden, head of the Canadian Steel Producers Association.
U.S. President Donald Trump has increased tariffs on steel and aluminum imports from 25 per cent to 50 per cent. Here are the events of the day.
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