The Bank of Canada on Wednesday further cut its interest rate by 25 basis points, bringing the country's monetary policy rate down to 3.0 percent. Tiff

The Bank of Canada is almost certain to trim its key policy rate by 25 basis points on Wednesday as a slew of factors, from potential cross-border tariffs to a reduced population target, keep the outlook for the economy muted.

The Bank of Canada is likely to cut interest rates by a quarter percentage point on Wednesday as officials lay out their analysis of how US tariffs might derail a soft landing for the Canadian economy.