Finance

Bank of Canada Likely to Hold as Oil Shock Hits

The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.

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Bloomberg
April 28, 2026·1 min read
Bank of Canada Likely to Hold as Oil Shock Hits

Image: Bloomberg

The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.

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Bank of Canada Likely to Hold as Oil Shock Hits

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