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Mainstream Business News

Bank of Canada hikes interest rate to 1.25%, cites strong economic data

By Andy Blatchford THE CANADIAN PRESS OTTAWA- The economy’s impressive run prompted the Bank of Canada to raise its trend-setting interest rate Wednesday for the third time since last summer, and to send a signal that more increases are likely on the horizon. The central bank pointed to unexpectedly solid ...

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Champagne to announce ombudsman for corporate social responsibility

By Mike Blanchfield THE CANADIAN PRESS OTTAWA – The Liberal government is planning to make good on a campaign promise to create an ombudsman with teeth to oversee the conduct of Canadian companies operating abroad. International Trade Minister Francois-Philippe Champagne is expected to announce the creation of a new position ...

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