OTTAWA — The Bank of Canada held its benchmark interest rate steady at 2.25 per cent as the war in the Middle East adds a new layer of uncertainty to its outlook.
More coming.
The Canadian Press
Sponsored by Action Roofing
Governor of the Bank of Canada Tiff Macklem listens to questions during a news conference following an interest rate announcement, at the Bank of Canada in Ottawa, on Wednesday, Dec. 10, 2025. THE CANADIAN PRESS/Justin Tang
CP NewsAlert: Bank of Canada holds key rate steady as Middle East war clouds outlook
Mar 18, 2026 | 7:47 AM