# U.S. trade uncertainty is holding back Canadian business investment, Bank of Canada warns - Financial Post

> Bank of Canada deputy governor Timothy Lane said uncertainty over U.S. trade policy is holding back Canadian business investment and slowing growth. He also cited lower oil prices, a softer housing market and U.S. rate hikes as pressures on the Canadian dollar. The central bank was expected to hold rates on March 6.

- Date: 2019-02-06 · published 2019-02-06T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/60841-u-s-trade-uncertainty-is-holding-back-canadian-business-investment-bank-of
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Trade uncertainty and a weaker loonie put downward pressure on the Canadian dollar, which raises the USD/CAD rate. A weaker loonie can support Canadian exporters, including canola and grain sellers.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/economy/update-1-uncertainty-over-u-s-trade-policies-hitting-canada-bank-of-canada/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.