Futures tied to Canada's main stock index rose on Wednesday in the run-up to the Bank of Canada's interest rate decision later in the day, which is expected to result in a quarter-point cut.

Canada’s main stock index ticked higher while U.S. markets were mixed in late-morning trading, after 25 per cent tariffs on U.S. imports of steel and aluminum.

Will the BoC do another interest rate cut tomorrow? Well investors are optimistic and are expecting the central bank to provide additional support to the Canadian economy by cutting interest rates by 25 basis points.