The Financial Post reports in its Thursday, Dec. 11, edition that Canadians should expect the Bank of Canada to be on hold for an "extended period," Charles St-Arnaud, chief economist at Servus Credit Union, said. The Post's Gigi Suhanic writes that Mr. St-Arnaud said in a note, "The overall message from today's decision is that the global and Canadian economies have been resilient in the face of the U.S. tariffs." Despite that, policy-makers stuck with previous assessments of the economy, including that the job market might not be as strong as recent Labour Force Surveys suggest, citing weakness in trade-sensitive sectors. The BOC also said the fourth quarter could be "weak" and while growth is expected to pick up in 2026, it could be buffeted by "large swings in trade" that produce volatility. Still, policy-makers repeated their message from October that interest rates are sitting at the right level. "The general tone of the communique suggests that the threshold for a cut is relatively high and would require a significant deterioration of the outlook," Mr. St-Arnaud said.