Bank of Canada Holds Rate At 0.5 Percent In 2016 Outlook
The Bank of Canada keeps its benchmark rate at 0.5 percent as global growth firming faces continued uncertainty. It notes Canada’s third quarter rebound and expects more moderate growth late in 2016 while warning on weak exports and non energy investment. The statement cites modest inflation, solid employment gains, and government action to spur growth.
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Bank of Canada
Canada
U.S. Federal Reserve
Stephen Poloz
U.S
Donald Trump
United States
BMO
Doug Porter
Porter
Canada climate plan won’t detail GHG balance sheet
The pan Canadian climate plan due this week will outline policies but not provide a detailed 2030 emissions balance sheet. Federal sources say the document will show measures and targets without a transparent path to 524 million tonnes of greenhouse gases, prompting calls for a clearer overall emissions picture from ministers and environmental groups.
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Justin Trudeau
Canada
Paris
Trudeau
Vancouver
Erin Flanagan
Pembina Institute
Flanagan
B.C
Steven Guilbeault
Equiterre
Liberals propose reforms to strengthen StatsCan independence
The Liberal government introduces legislation to shield Statistics Canada from political influence, fix the chief statistician’s term, and end jail penalties for nonresponse to mandatory surveys while retaining fines for noncompliance. The bill omits several agency and council recommendations and seeks reduced reliance on Shared Services Canada.
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Liberals
Statistics Canada
Innovation
Navdeep Bains
National Statistics Council
Bains
IT Department
Shared Services Canada
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