Protectionism may have ‘serious consequences’ – Canada’s Lane

The Bank of Canada: worried by Trump’s trade rhetoric

The uncertain renegotiation of key trade agreements and recent protectionist proposals by the US administration may have “serious consequences”, said Bank of Canada deputy governor Timothy Lane in a speech on March 8.

A day earlier, the Bank of Canada had left its key policy rate unchanged at 1.25%, despite stronger economic growth. The central bank stressed the impact protectionist trade policies have on its outlook: “Trade policy developments are an important and growing source of uncertainty

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: