The Bank of Canada held its key interest rate steady on Wednesday, as Governor Tiff Macklem described an uncertain economic future caught between the potential for higher oil revenues and the threat of damage from inflation. CBC's Peter Armstrong explains why inflation risks are a 'dual crisis' with the continuing damage from U.S. trade uncertainty, and RBC senior economist Claire Fan reacts to the central bank's warning that the risk of price hikes spreading increases as the war stretches on. Plus, Abacus Data's David Coletto and Leger's Sébastien Dallaire dissect the numbers underlying the Liberals' big lead in recent polling.
