Canada’s GDP level would take permanent hit from drawn-out trade war with U.S., says BoC summary

The Bank of Canada’s governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level of domestic GDP, the minutes of a policy decision meeting showed on Wednesday. The central bank trimmed its key policy rate by 25 basis points to three per cent on Jan. 29, its sixth reduction in a…

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Saskatchewan government announces special warrants for nearly $1B in new spending

The Saskatchewan government has announced over $920 million in additional funding on Monday to “address cost pressures and respond to emerging issues” across a broad range of government sectors. The government said the $923.1 million is part of a special warrant which will give ministries additional funding when the legislature is not in session. The…

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Sidney Crosby cleared to lead Canada at 4 Nations Face-Off after injury scare

Sidney Crosby gingerly stepped on the ice. The television cameras perched in the stands followed his every move. A major injury concern ahead of the 4 Nations Face-Off tournament, Canada’s captain gently stickhandled before firing some pucks on net. He was with his teammates for their first practice. Big questions also remained about the 37-year-old…

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Speed skater Florence Brunelle captures her 1st individual World Tour title

Canadian speed skaters Florence Brunelle and Courtney Sarault won Short Track World Tour gold on Sunday in Tilburg, Netherlands. Brunelle, from Trois-Rivieres, Que., finished first in the women’s 500 metres for her first career individual World Tour title. She crossed the line in 43.141 seconds, just ahead of Michelle Velzeboer (43.257) of the Netherlands and American…

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Premier calls for prompt action by Alberta’s auditor general into health spending, contracting

Alberta Premier Danielle Smith said she will be asking for an expedited review from the province’s auditor general, who said this week that he is examining “concerns or allegations related to contracting and potential conflicts of interest” within the province’s health authority. “We need to get to the bottom of this issue quickly to identify…

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