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

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

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: