Canada is one of the main tariff targets of US President Donald Trump, making data and events in Canada more closely watched than ever. The Bank of Canada will announce its interest rate decision on Wednesday. With Canada's weak jobs data for February (even before the tariffs were implemented), a rate cut appears increasingly likely. "Hiring slowed even before the tariffs were implemented, allowing the Bank of Canada to easily cut rates by another 25 basis points," economists at Desjardins Group said in a note.