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Business & Economics

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

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Summary
Nutrition label

78% Informative

The Bank of Canada held its benchmark interest rate steady at 2.75 per cent yesterday as it gathers more data related to the tariff disruption.

Deputy governor Sharon Kozicki says the central bank is leaning more on its regular surveys of businesses and consumers.

She says monetary policymakers still value traditional data from Statistics Canada , but that information is sometimes too high-level and out of date to help make decisions.

VR Score

87

Informative language

91

Neutral language

81

Article tone

semi-formal

Language

English

Language complexity

67

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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