The Bank of Canada says household finances and the financial system were showing signs of increased resilience as the year started, but the threat of a prolonged trade war has pushed risks higher overall. The central bank says in its latest Financial Stability Report that by the end of 2024, households had less debt on […]

In its annual Financial Stability Report, the Bank of Canada (BoC) said the trade war with the United States threatens the Canadian economy and poses risks to financial stability, per Reuters.