“The economy is expected to strengthen gradually and inflation to stay close to target. However, if broad-based and significant tariffs were imposed, the resilience of Canada’s economy would be tested”

The central bank headed by Governor Tiff Macklem lowered the benchmark overnight rate to 3% on Wednesday.

https://www.zerohedge.com/markets/bank-canada-cuts-rates-expected-ends-qt-restarts-qe-and-drops-guidance-looming-trade-war