TORONTO – Said and done. Bank of Canada raised the interest rate by another 0.50, taking it from 3.25 to 3.75 percent. Since last March, the central bank has raised the reference rate six times, “with the aim of combating inflation and bringing it back to the 2% target”, as the central bank has always maintained. A goal that is far from being achieved, as the Bank of Canada admits in the statement published today on its website (here). (more…)
TORONTO – While the Toronto District School Board (TDSB) has breathed fresh air after Monday’s election – in about half of the wards where voters have decreed a change of guard of school trustees – at the Toronto Catholic District School Board (TCDSB) the situation has remained largely unchanged.
TORONTO – Power is woman. Even in politics. While today for Giorgia Meloni, Italy’s first woman prime minister, was the day of confidence, in Ontario there were more women elected in municipal elections.
TORONTO – John Tory has been re-elected mayor of Toronto: with this third term, if he remains in office for all four years, he will become the longest-serving mayor of Toronto, beating Art Eggleton who spent as mayor of Toronto a total of 11 years, in office since 1980 until his retirement from municipal politics in 1991. (more…)
TORONTO – David Miller (in the pic above), former Toronto mayor until he was “shunned” out town before the public got the chance to “throw him out”, reappeared to sully the waters of Toronto once again.