Economy
Canada's Big 6 banks beat profit estimates amid Trump's tariffs — but record earnings won't mean cheaper mortgages or easier credit
RBC, TD and CIBC posted record profits, but strong bank earnings may mean tighter lending, not cheaper mortgages
Bank of Canada holds rate at 2.25% for 7th straight decision — warns tariffs and oil prices could push inflation above 3% and force a hike
The central bank left the overnight rate unchanged again on September 2, citing rising inflation risk from tariffs — a sign renewing homeowners may wait longer than hoped for lower payments
Canada's September 8 tariffs hit $27.6B in U.S. goods — Carney says talks won't resume until Americans 'stop throwing shade'
As Carney trades barbs with Trump officials over ‘memes’ and ‘shade’, Ottawa’s tariffs on U.S. goods take effect September 8 — and economists say lower-income Canadians will feel it most
