Bank of Canada holds key interest rate at 2.25 pct

OTTAWA, Dec. 10 (Xinhua) -- The Bank of Canada on Wednesday announced it is holding its key policy rate at the current level of 2.25 percent.

Bank of Canada Governor Tiff Macklem told a press conference that steep U.S. tariffs on steel, aluminum, autos and lumber have hit those sectors hard, and uncertainty about U.S. trade policy is weighing on business investment more broadly.