Bank of Canada officials split on when to start cutting interest rates

Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.Ex-SNC executive sentenced to prison term in bridge bribery case

The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.

Beginning this summer, the speed limit will increase from 100 km/h to 110 km/h on approximately 70 kilometres of Hwy. 416 between Hwy. 401 and Ottawa.The National Capital Commission has purchased the old Dunnderosa Golf Course in Chelsea, Que., as part of its plan to acquire private properties in Gatineau Park.Police say they have reason to believe a man wanted for murder in Edmonton could be in the Ottawa area.

A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.A Winnipeg man previously arrested and charged in connection with two fatal shootings in the city has been arrested for first-degree murder related to a third shooting in March.When you step through the front door of Matthew Jacobi's 119-year-old home, it's like jumping back through history.

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Bank of Canada signals it could start lowering interest ratesThe Bank of Canada continued to hold its key interest rate at five per cent today and said it has begun to see the economic conditions necessary to lower interest rates.
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Bank of Canada to Hold as It Debates When to Start Easing Rates: Decision GuideThe Bank of Canada is likely to leave interest rates unchanged and avoid signaling that cuts are imminent, as officials continue to assess the right moment to launch into easier monetary policy.
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BoC officials split on when to start cutting interest rates, summary showsOTTAWA — Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
Source: SooToday - 🏆 8. / 85 Read more »