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Bank of Canada cuts benchmark interest rate to 0.5%
Canada's central bank lowers its benchmark interest rate to 0.5 per cent from 0.75, the second time this year it has dropped the rate to stimulate the economy, after holding it steady for about four years.
U.S. may cut Canada out of Pacific Rim trade deal, sources say
The United States, frustrated over the lack of progress with Canada over new rules for agriculture trade, is weighing "contingencies" that could include completing a Pacific Rim trade pact that excludes Canada, according to two sources familiar with the i
Is 'holding the course' putting Canada in recession'
Emanuella Enenajor likely caused more than a few politicians to choke on their Stampede pancakes last week.
The analyst with Bank of America Merrill Lynch was the first from a major financial institution to utter the dreaded R-word — recession.
Puerto Rico’s Governor Says Island’s Debts Are ‘Not Payable’
Puerto Rico’s governor, saying he needs to pull the island out of a “death spiral,” has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions.
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