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Mexican asylum seekers set their sights north — on Canada: MONTREAL (AP) — Pedro Meraz says living in Colima, Mexico, was like living in a war zone ...
apnews.com/article/health-travel-mexico-immigration-covid-9534c9dc80e7ccbab605931a80d30613
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Mexican asylum seekers set their sights north — on Canada: MONTREAL (AP) — Pedro Meraz says living in Colima, Mexico, was like living in a war zone ...
apnews.com/article/health-travel-mexico-immigration-covid-9534c9dc80e7ccbab605931a80d30613
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
World’s oldest conjoined twins, Lori and George, die at 62 - National | Globalnews.ca
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Quick Glance: World’s oldest conjoined twins, Lori and George, pass away at 62 years old
- Twins George and Lori Schappell, previously holding the title as the world’s oldest living conjoined twins, have passed away.
- On April 7, George and Lori passed away at the Hospital of the University of Pennsylvania, as documented by Guinness World Records. The exact cause of death remains unknown.
- Through exceptional schedule management and willingness to compromise, the siblings managed to harmonize life and passion. Lori worked in a hospital laundry unit, and George's musical performances occasionally took them abroad.
- According to Mayo Clinic, conjoined twins form when an early embryo only partially separates to create two individuals.
Terry Anderson, AP reporter held captive in Lebanon for years, has died at 76: Terry Anderson, the globe-trotting Associated Press correspondent who became one ...
ctvnews.ca/world/terry-anderson-ap-reporter-held-captive-in-lebanon-for-years-has-died-at-76-1.6856129
NASA chief asks nations to work together on climate change: NASA is hoping that nations will work together more closely in the future on topics such as climate ...
reuters.com/world/nasa-chief-asks-nations-work-together-climate-change-2024-04-24/
In potential blow to cartel, Mexico nabs brother of drug lord 'El Mencho': Mexican soldiers arrested Abraham Oseguera, the brother of Nemesio "El Mencho" ...
reuters.com/world/americas/mexico-arrests-brother-drug-lord-el-mencho-2024-04-22/
2 mayoral candidates killed in Mexico, bringing the number slain so far to 17: Two mayoral candidates in Mexico have been killed, bringing to 17 the number of ...
apnews.com/article/mexico-mayoral-candidate-killed-violence-elections-886c497b221087126014f7b113fd54a2
Mexico’s presidential frontrunner vows to prioritise US trade ties: Claudia Sheinbaum strikes a contrast to mentor López Obrador at bankers’ conference
ft.com/content/eb1fbdc8-8d1f-4b61-b41d-0bdc6cfc28ab
Quick Glance: Mexico’s Presidential Front-Runner Emphasizes Priority of US Trade Ties
- Claudia Sheinbaum highlights US trade ties and aims to encourage companies to shift operations to Mexico to reduce ties with China.
- She signals the importance of the US trade relationship and promises consensus-based policies in contrast to her combative mentor López Obrador.
- Enthusiasm for Mexico's economic potential due to proximity to the US is evident, despite facing long-standing economic challenges.
- Sheinbaum runs a disciplined campaign, emphasizing continuity while showing willingness for differences and addressing significant economic challenges ahead.
Mexico President AMLO Traded Security for Infrastructure During His Term: Lopez Obrador tasked the armed forces with building infrastructure and ensuring public ...
bloomberg.com/news/features/2024-04-18/mexico-president-amlo-traded-security-for-infrastructure-during-his-term
Missing cat found after 5 years makes 2,000-km journey home: Cindy and Jeff Hall got a phone call out of the blue that their cat, who ran out the door five years ...
trib.al/ZKdfR2A
Five Eyes countries working to fight critical minerals dumping, Canada minister says
reut.rs/3JxKgQY
Mexico's likely next president would be its first leader with a Jewish background
apnews.com/article/mexico-election-claudia-sheinbaum-judaism-catholicism-5932fcf5d74c215ae0e08a40eff8a64f
Trans Mountain oil shippers raise concerns about risk of delay to full service: Some shippers on Canada's Trans Mountain expansion project are raising concerns ...
reuters.com/markets/commodities/trans-mountain-expects-first-ship-load-expanded-pipeline-second-half-may-2024-04-23/
Retailer Walmex's quarterly profit jumps on more stores, higher wages: Walmart's Mexico and Central America unit posted a 14.4% year-on-year rise in ...
reuters.com/business/retail-consumer/walmart-mexico-posts-14-rise-q1-net-profit-2024-04-24/
Quick Glance: Retail Giant Walmex's Quarterly Profit Surges Due to Expansion and Wage Increases
- Walmart's Mexico and Central America unit saw a 14.4% year-on-year increase in first-quarter net profit, driven by strong sales attributed to Mexicans' higher disposable income.
- The retailer's quarterly revenue rose by 9.8% to 226.19 billion pesos, surpassing analyst estimates.
- Operating income for the quarter increased by 10.3% to 24.62 billion pesos, with an improved performance compared to sales growth.
- Current CEO Guilherme Loureiro will step down at the end of the month, with Ignacio Caride proposed to succeed him as Walmex's CEO and chairman of the board.
First cargo ship passes through newly opened channel in Baltimore: The first cargo ship passed through a newly opened deep-water channel in Baltimore after being ...
apnews.com/article/key-bridge-collapse-channel-opened-ship-dali-e8694bd668589ad82e37b88b9ed84246
Asahi Kasai to build EV battery component plant in Canada to supply Honda, Nikkei reports
reuters.com/business/autos-transportation/asahi-kasai-build-ev-battery-component-plant-canada-supply-honda-nikkei-reports-2024-04-24/
Molly the magpie reunited with dog best friend after public outcry - National | Globalnews.ca
trib.al/d0Co1Yi
Quick Glance: Reunion of Molly the Magpie and Peggy the Staffy
- Molly, the magpie, has finally returned home to the Gold Coast after a 45-day odyssey and has reunited with her unlikely best friend, Peggy the Staffy.
- Queensland's Department of Environment, Science, and Innovation (DESI) made the announcement, signaling the end of the gripping saga.
- Independent veterinary experts have determined that Molly is 'highly habituated' and may have developmental issues, making her unsuitable for rehabilitation or return to the wild.
- Juliette Wells and Reece Mortensen demonstrated their commitment to Molly's well-being by meeting the conditions outlined in the licensing process, including refraining from the commercial exploitation of the bird or its image, participating in wildlife carer training, and collaborating with DESI to ensure Molly's ongoing care and enrichment.
Mexico president eyes fresh pension fund ahead of election: Mexican President Andres Manuel Lopez Obrador said on Tuesday he hopes to present a new fund aimed at ...
reuters.com/world/americas/mexico-president-eyes-fresh-pension-fund-ahead-election-2024-04-23/
Quick Glance: Mexican President's Plan for Enhanced Pensions Before Elections
- President Andrés Manuel López Obrador is planning to introduce a fund to enhance lower pensions ahead of the presidential elections.
- The fund, part of a pension reform proposed by the president in February, has received approval from the lower house and is awaiting Senate approval.
- Initially, the government aims to invest around 40 billion pesos in the fund to ensure that workers earning up to 17,000 pesos per month receive 100% of their salary in retirement.
- The opposition has raised concerns about the impact on workers' savings managed by private companies. The government denies this claim, with the retirement fund association emphasizing that individuals will retain control over their accounts.
Canada's New Billion-Dollar Defense Investment: Strong Arctic Focus: Canada's government has announced a new trillion-dollar investment in the country's defence ...
highnorthnews.com/en/canadas-new-billion-dollar-defense-investment-strong-arctic-focus
Angry Mexican farmers target avocado orchids : As Mexico’s drought drags on, angry subsistence farmers have begun taking direct action against thirsty avocado ...
apnews.com/article/mexico-drought-avocados-dried-up-lakes-faaad63fdf0d3f3cba7b33fb0456c053
Mexico Elections: Sheinbaum Plans to Spend Billions on Gas, Solar Plants: Mexico’s leading presidential candidate would spend around $13.6 billion to boost her ...
bloomberg.com/news/articles/2024-04-15/mexico-s-sheinbaum-plans-to-spend-billions-on-gas-solar-plants
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Trump 2.0: How US allies are preparing for a second term: Germany is waging a charm offensive inside the Republican Party. Japan is lining up its own Trump ...
reuters.com/world/us/trump-20-how-us-allies-are-working-iron-out-bugs-2024-04-24/
Parched Texas growing season looms as US, Mexico spar over water treaty: Texas farm groups warn of a disastrous season ahead for citrus and sugar as Mexican and ...
reuters.com/world/us/parched-texas-growing-season-looms-us-mexico-spar-over-water-treaty-2024-04-18/
Mexico oil firm Pemex's debt with suppliers rises 17.3% in March: Mexican state oil producer Pemex's debt with suppliers rose 17.3% month-on-month in March to ...
reuters.com/business/energy/mexico-oil-firm-pemexs-debt-with-suppliers-rises-173-march-2024-04-22/
Skies over southern Greece turn orange as winds blow dust across from North Africa
theglobeandmail.com/world/video-skies-over-southern-greece-turn-orange-as-winds-blow-dust-across-from/
Gun makers urge US Supreme Court to hear appeal in Mexico's lawsuit: U.S. gun manufacturers on Thursday asked the U.S. Supreme Court hear their challenge to ...
reuters.com/world/us/gun-makers-urge-us-supreme-court-hear-appeal-mexicos-lawsuit-2024-04-19/
Quick Glance: Gun Manufacturers Seek US Supreme Court Appeal in Mexico's Lawsuit
- U.S. gun manufacturers are urging the U.S. Supreme Court to hear their challenge against Mexico's $10 billion lawsuit, accusing them of facilitating the trafficking of firearms to violent drug cartels along the U.S.-Mexico border.
- Eight companies, including Smith & Wesson Brands and Sturm, Ruger & Co, argued that a lower court wrongly determined that the case qualified for an exception to a U.S. law providing broad protection to the firearms industry from misuse lawsuits.
- The companies argued that without the U.S. Supreme Court's intervention, the U.S. firearms industry would face years of costly litigation by a 'foreign sovereign' attempting to push the industry into adopting gun control measures rejected by American voters.
- In its 2021 lawsuit, Mexico alleged that the companies undermined its strict gun laws by designing, marketing, and distributing military-style assault weapons they knew would arm drug cartels, resulting in murders, extortions, and kidnappings in the country.
Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers: Mexico's federal government, under pressure from the U.S., is keeping Chinese ...
reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/
Quick Glance: Mexico Ends Incentives for Chinese Electric Vehicle Manufacturers
- Under US pressure, Mexico discontinues incentives for Chinese car manufacturers.
- US pressure compels Mexico to avoid Chinese automakers.
- Mexico caught in the middle of car wars between the US and China.
- US pressure leads to Mexico ceasing incentives for Chinese electric vehicles.
Canada's TC Energy says NGTL pipeline system resumes normal operations after fire
reuters.com/business/energy/canadas-tc-energy-says-ngtl-pipeline-system-resumes-normal-operations-after-fire-2024-04-22/
Multiple crew members injured on set of Eddie Murphy movie ‘The Pickup’ - National | Globalnews.ca
trib.al/27ketpj
Canada's plan to raise taxes on the savings of wealthy people and corporations is likely to hold back investment, potentially adding to the productivity ...
reut.rs/4b1mtEU
Taiwan Moves to Boost Its Global Standing with Chip Diplomacy: Taiwan is ramping up international cooperation deals with countries like Canada and France in ...
bloomberg.com/news/articles/2024-04-17/taiwan-moves-to-boost-its-global-standing-with-chip-diplomacy
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Canada beats U.S. in OT thriller to win Women’s Worlds gold
sportsnet.ca/wwhc/article/canada-beats-u-s-in-ot-to-win-womens-worlds-gold/
How Mexico’s ‘kabuki pantomime’ fails to stop US-bound migrants: Dysfunction and corruption are disrupting efforts to stem the flow of people towards America
ft.com/content/d0676cde-316b-4f73-badb-285c66652851
Canada, hit by housing crisis, unveils plan to build millions of homes
reut.rs/3xtww70
Quick Glance: Canada's Ambitious Housing Plan to Address Crisis
- Canada plans to build nearly 3.9 million houses by 2031 under a new federal initiative to tackle the housing crisis.
- The plan, falling short by almost a third compared to projections, is expected to dominate the upcoming federal budget.
- With no direct role in construction, Ottawa must rely on policy measures and funding to ensure partners respond to the housing shortage.
- The measures include proposals to extend low-cost loans, utilize federal land for rapid house construction, and combat mortgage fraud inflating housing costs.
Canada to Allow 30-Year Mortgages for First-Time Homebuyers: Canada will loosen the rules on mortgages to allow first-time buyers to take out 30-year loans when ...
bloomberg.com/news/articles/2024-04-11/canada-to-allow-30-year-mortgages-for-first-time-homebuyers
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Bob Cole, veteran CBC broadcaster and former voice of 'Hockey Night in Canada,' dead at 90
ctvnews.ca/sports/bob-cole-veteran-cbc-broadcaster-and-former-voice-of-hockey-night-in-canada-dead-at-90-1.6861784
Mexico Election 2024 Polls: Opposition's Galvez Flat in Polls After Debate: Bloomberg's poll tracker for the Mexico 2024 elections shows that the opposition ...
bloomberg.com/graphics/2024-mexican-election-poll-tracker-galvez-flat-after-first-presidential-debate/
U.S. Falls to Canada 6-5 in Overtime, Earns Silver Medal in Women’s Worlds : Knight earns record-breaking 14th Women’s Worlds medal
teamusa.usahockey.com/news_article/show/1306985
Luke Bryan slips on phone midshow — and fans praise him for 'grace and even humor'
today.com/popculture/music/luke-bryan-falls-concert-rcna148806
Solar eclipse darkened skies, dampened internet traffic: Byteflow dropped by around half under some of the path of totality
theregister.com/2024/04/09/solar_eclipse_internet_traffic_impact/
Quick Glance: Airplane Observes Solar Eclipse in Bloomington
- An airplane flies near the total solar eclipse in Bloomington, Indiana.
- People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.
- Sophia Moccia, 4, from Queens views the eclipse with a homemade mask in New York City.
- A solar eclipse is visible in Mazatlan, Mexico.
Canada to give loan guarantees to Indigenous groups for energy projects: OTTAWA, April 16 (Reuters) - Canada will provide up toC$5 billion ($3 ...
reuters.com/world/americas/canada-give-loan-guarantees-indigenous-groups-energy-projects-2024-04-16/
Bitcoin’s latest ‘halving’ has arrived and here’s what you need to know: Bitcoin holding steady at about $63,907 after ‘halving’
theglobeandmail.com/world/article-bitcoins-latest-halving-has-arrived-and-heres-what-you-need-to-know/
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Understanding the Stakes in Mexico’s Upcoming Election: Will AMLO’s successor continue on his path?
bloomberg.com/news/articles/2024-04-19/understanding-the-stakes-in-mexico-s-upcoming-election
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Bob Cole, legendary hockey announcer, dead at 90 - National | Globalnews.ca: Bob Cole was the play-by-play voice of countless NHL games.
trib.al/IVfpHkY
Fossils of colossal snake Vasuki unearthed in India mine: The huge snakes lived during the Cenozoic era, which began after the dinosaur age ended 66 million ...
theglobeandmail.com/world/article-fossils-of-colossal-snake-vasuki-unearthed-in-india-mine/
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Canada Housing Crisis: Trudeau Puts Pressure on Provinces to Boost Construction: Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove ...
bloomberg.com/news/articles/2024-04-02/trudeau-puts-pressure-on-provinces-to-boost-housing-construction
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Quick Glance: Trudeau Urges Improvement in Housing Construction in Canada
- Prime Minister Justin Trudeau is putting pressure on the provinces to remove barriers in housing construction, urging them to freeze municipal development costs and allow up to four units on each property.
- Trudeau announced that his government will allocate new infrastructure funds of C$5 billion ($3.7 billion) to the provinces, provided they sign an agreement by January 1, 2025, to implement specific reforms for increased housing supply.
- Additionally, Trudeau revealed that federal transit funds will be linked to municipal regulations, including the removal of minimum parking requirements near mass transit lines and the approval of high-density housing near transit and post-secondary institutions.
- To access the federal funds, provinces must agree to 'key measures', such as approving four units without further delay, implementing a three-year freeze on the increase in development costs in larger cities, and introducing changes to the national building code to support more housing options.
Team Canada goes for cool factor in Paris Games kit: Team Canada unveiled the kit athletes will wear at this year's Paris Olympics on Tuesday ...
reuters.com/sports/team-canada-goes-cool-factor-paris-games-kit-2024-04-16/
Canada to give Indigenous groups loan guarantees for resource projects: Canada will provide up to C$5 billion ($3.6 billion) in loan guarantees to help ...
reuters.com/world/americas/canada-give-indigenous-groups-loan-guarantees-resource-projects-2024-04-16/
Earth Day: How one grocery shopper takes steps to avoid 'pointless plastic': Nature wraps bananas and oranges in peels. But in some modern supermarkets ...
ctvnews.ca/climate-and-environment/earth-day-how-one-grocery-shopper-takes-steps-to-avoid-pointless-plastic-1.6855883
Ottawa to force banks to identify carbon rebate by name in direct deposits: The first rebate deposits in 2022 were generically labelled – ‘federal payment’ and ...
theglobeandmail.com/politics/article-ottawa-to-force-banks-to-identify-carbon-rebate-by-name-in-direct/
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Oaxaca Residents Fight Back Against Gentrification, Overtourism: Soaring housing costs and a lack of public resources are making life for locals harder in the ...
bloomberg.com/news/features/2024-04-10/in-oaxaca-some-residents-are-fighting-back-against-gentrification
Quick Glance: Oaxaca Residents Resist Gentrification and Overtourism
- Protests in Oaxaca highlight issues of gentrification and overtourism, with rising living costs and displacement reshaping the city.
- The tourism boom has led to unaffordable living costs, tensions, and concerns about Oaxaca's future.
- Government programs and private investments have made the city more appealing to tourists, posing challenges for local residents.
- Activists and citizens are pushing back against gentrification as the city grapples with water problems and infrastructural issues.
El Niño looks to be fading. What Canadians can expect in the months to come - National | Globalnews.ca
trib.al/FUnVaQm
'How gold becomes guns': heist spotlights illegal US-Canada gun trade: The majority of handguns used in Canadian crimes come from the US, where gun laws are much ...
bbc.com/news/world-us-canada-68841961
Canada, U.S., U.K. lay additional sanctions on Iran over attack on Israel - National | Globalnews.ca
trib.al/1Ucx9Ax
‘I feel great’: Nova Scotia man wins $1.5M after buying $200 in lottery tickets | Globalnews.ca
trib.al/YMHWp7n
The joy in Mexico’s election: Despite persistent violence, voters seek a freedom from fear by embracing two presidential candidates marking a historic change.
csmonitor.com/Commentary/the-monitors-view/2024/0418/The-joy-in-Mexico-s-election
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Canada unions brace for 2025 labor crunch in oil sands maintenance season: Annual maintenance on Canada's oil sands plants is forecast to cause no more ...
reuters.com/markets/commodities/canada-unions-brace-2025-labor-crunch-oil-sands-maintenance-season-2024-04-16/
Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...
theglobeandmail.com/world/video-venice-introduces-first-payment-charge-for-tourists/
N.S. couple dies from strep A just hours apart. Their family is speaking out | Globalnews.ca
trib.al/x7ZkR8u
Meta says you can’t turn off its new AI tool on Facebook, Instagram - National | Globalnews.ca
trib.al/nrLI3Og
A new declaration in Mexico gives 19 cats roaming the presidential palace food and care fur-ever
apnews.com/article/mexico-cats-national-palace-president-lopez-obrador-501eb21e6953850369261013c94a180a
Quick Glance: 19 Cats in Mexico's National Palace: Living Fixed Assets
- Nineteen feral cats freely roam Mexico's National Palace, declared 'living fixed assets' by the government for perpetual care.
- Named after artists and in the ancient Aztec language, the cats have become a symbol of the palace, accompanying President López Obrador.
- The cats have been vaccinated, sterilized, and chipped, with palace staff ensuring their feeding and care.
- The government's declaration ensures that the cats are provided for and cared for by the country's Treasury as 'living fixed assets.'
Mexico takes Ecuador to World Court over embassy raid: Mexico has filed a case against Ecuador at the U.N.'s top court saying the armed raid on the Mexican ...
reuters.com/world/americas/mexico-takes-ecuador-world-court-over-embassy-raid-2024-04-11/
Quick Glance: Mexico Removes Diplomats from Embassy in Ecuador Amid Raid
- Mexico withdrew embassy personnel in Ecuador after security forces stormed the building.
- President Lopez Obrador criticized the arrest of former Vice President Glas and instructed to file a complaint at the International Court of Justice.
- Ecuador accused Mexico of misusing diplomatic immunities and privileges, leading to severed diplomatic ties.
- International condemnation ensued, with various Latin American countries, the US, EU, and the UN condemning the actions taken during the incident.
Peter Higgs, father of the ‘God particle,’ dies age 94: Peter Higgs, who theorized the existence of the ground-breaking Higgs boson 50 years before it was ...
trib.al/Q8jRLQ6
Quick Glance: Physicist Peter Higgs Passes Away at 94
- Physicist Peter Higgs, whose theory of an undetected particle in the universe changed science, has died at 94, according to the University of Edinburgh.
- The discovery of the Higgs boson in 2012 at the CERN research center was a significant advancement in understanding the cosmos, steering physics towards once-fantastical ideas.
- Higgs, initially 'incompetent' in the physics lab, later specialized in theoretical physics, inspired by quantum physicist Paul Dirac from his school.
- The Higgs boson's completion of the Standard Model opened doors to explore unexplained aspects of the universe and abstract concepts like parallel universes, despite Higgs disliking the 'God particle' nickname.
Musicians pay tribute to Allman Brothers guitarist Dickey Betts after death at 80
thestar.com/entertainment/musicians-pay-tribute-to-allman-brothers-guitarist-dickey-betts-after-death-at-80/article_13ca15d7-9606-5e17-9400-427cb2fea2b2.html
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Quick Glance: Dickey Betts, Singer-Guitarist of Allman Brothers Band, Dies at 80
- Dickey Betts, the singer, songwriter, and guitarist of the Allman Brothers Band, passed away at the age of 80 due to cancer and COPD.
- Known for his distinctive guitar style and hits like 'Ramblin' Man,' Betts was a significant figure in Southern rock.
- His family announced his peaceful passing and requested privacy and prayers during this difficult time.
- Betts leaves behind a musical legacy that has shaped the Southern rock genre.
Canada will take bigger economic hit than U.S. if Trump wins election: report - National | Globalnews.ca
trib.al/fYbQT6P
Tesla cuts Full Self-Driving subscription prices in US, Canada: Elon Musk's Tesla said on Friday it has cut prices of its Full Self-Driving (FSD) subscriptions ...
reuters.com/business/autos-transportation/tesla-cuts-full-self-driving-subscription-prices-us-canada-2024-04-12/
Bank of Canada Holds Interest Rates Steady for 6th Meeting: The Bank of Canada held its policy rate steady for a sixth consecutive meeting as officials signaled ...
bloomberg.com/news/articles/2024-04-10/bank-of-canada-seeks-more-disinflation-proof-as-it-mulls-cuts
Quick Glance: Bank of Canada Keeps Interest Rates Steady for 6th Meeting
- The Bank of Canada chose to maintain the policy rate steady for the sixth consecutive meeting as officials indicate a possible move towards rate cuts pending additional evidence of inflation slowdown.
- Governor Tiff Macklem and policymakers opted to leave the benchmark overnight rate unchanged at 5% during this week's session.
- The US criticized strikes on Russian oil refineries due to the potential risk to oil markets. A top Wall Street expert forecasts a brief pause in US stock activity post a period of growth. Additionally, a bond trader made a significant futures bet ahead of the release of inflation data.
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