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Bank of Canada worried jumbo rate cut would signal ‘economic trouble,’ deliberations show

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Bank of Canada governing council members expressed concern that a 50-basis-point cut in October would signal “economic trouble” and worried...
Bussiness

BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

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OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point...
World

Mired in controversy, township council fires another integrity commissioner

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A divided township council in eastern Ontario has become so dysfunctional that it has voted on four integrity commissioner reports this month alone, and dismissed...
World

Haiti’s divided transition council in dispute over new president

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PORT-AU-PRINCE (Reuters) - The head of a rotating presidency that is running Haiti said on Monday that he would not ratify the handover to...
Bussiness

Bank of Canada: consensus decisions don’t mean all members agree on path for rates

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OTTAWA, Sept 19 (Reuters) - Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean governing council...

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