The Bank of Canada (BoC) is likely to stick to its dovish message at its April policy meeting and keep rates on hold at 1.75%. The downbeat outlook for both the domestic and global economy, as well as some slightly lower inflation figures, may even push policymakers towards a more cautious attitude when it comes to further rate hikes. The central bank has already hinted that rates will remain on pause for the time being, and that further rate hikes will depend on three factors. Let’s look at each of them in turn: 1. Global trade uncertainty BoC Governor Stephen Poloz noted recently in a speech in Iqaluit that “the ... (full story)