Manitoba Hydro profits tapped by Manitoba government finance plan
Manitoba Finance Minister Greg Selinger outlines a budget plan that would take about 288 million from Manitoba Hydro to cover federal error losses and protect corporate tax revenue. The move faces opposition demand for Public Utilities Board review and raises questions about legality and transparency.
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Bank rate move barely shakes Canadian mortgage market
The Bank of Canada hiking from 3.75 to 4 percent drew headlines but had little real impact on the recovery. Mortgages remain cheap, lenders race for market share, and experts suggest avoiding lock-in at current spreads as inflation stays tame. Garth Turner endorses flexible mortgage options on his show and book.
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