The Bank of Canada (BoC) on Wednesday kept its benchmark policy interest rate unchanged at 2.25%, a move that was widely anticipated by economists and financial markets. Governor Tiff Macklem emphasized that heightened trade uncertainty, particularly stemming from U.S. policies, makes it difficult to determine when or how interest rates might change next. This marks the second consecutive rate hold as the central bank navigates a complex global economic environment. Financial markets remain divided on the future path of Canadian monetary policy. The Bank of Canada expressed cautious optimism that economic restructuring driven by trade pressures could eventually boost productive capacity, though the process is expected to take time.