New meeting records show the Bank of Canada's top decisionmakers were weighing an interest rate cut earlier this month but didn't feel like they knew enough about how the tariff dispute with the United States would unfold to pull the trigger.
The central bank on Tuesday released the summary of deliberations behind its decision to hold its policy rate steady at 2.75 per cent roughly two weeks ago.
Those documents show Canada's trade war with the United States dominated conversation among the governing council.