The Honourable Anita Anand, Minister of Foreign Affairs, and the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today announced amendments to the Special Economic Measures (Russia) Regulations to further reduce revenues flowing to Russia from its oil exports. These amendments follow a commitment made by Canada on August 8, 2025, to lower the price cap for Russian oil, after the European Union and the United Kingdom announced similar measures.
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Higher, lower or hold? Bank of Canada says direction for key rate is up in the air
Bank of Canada governor Tiff Macklem spoke after the rate announcement, where he offered rare insight into the variety of directions the policy rate could go from here. The Bank…








