Tag: committee

Bank of Canada holds key interest rate at 4.5%. Grocery store CEOs questioned on food prices at Commons committee

TORONTO – After a year of continuous hikes, the “key” interest rate finally stops. In fact, today the Bank of Canada decided to keep it unchanged, while clarifying that it is still ready to raise rates further depending on how the intensity and the economy progress. In any case, for now the official rate of the Canadian central bank remains at 4.5%.  (more…)

Minister and airlines testify at transportation committee: “Airports chaos? Due to extreme weather”

TORONTO – The extreme weather. This is the cause of the inconvenience suffered by thousands of passengers in Canadian airports during Christmas departures according to the airlines and according to the federal Minister of Transport, Omar Alghabra, protagonists of a “pass the buck” in front of the Transportation Commission of the House of Commons which called them to understand the reasons for the Christmas chaos. (more…)