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.

Another 25 basis point cut is on the board and investors are watching closely to see if the rate cut will give some breathing room to the economic uncertainties. Market Numbers: (Futures) TSX : Up (0.