Ontario Auditor General to release spending report; BoC keeps interest rate in Canada status quo
Auditor General report to review spending in Ontario
Ontario’s taxpayer watchdog is releasing her report on spending in the province.
Auditor General Bonnie Lysyk’s annual report probes how well provincial programs and projects are serving Ontarians. Reports suggest much of Lysyk’s focus is on Liberal spending before the Ford Government took over.
Interest rate stays at 1.75 per cent for now
Interest rates won’t be going up in Canada before the end of the year.
The Bank of Canada is keeping the benchmark rate at 1.75 per cent, which it reached in October. The central bank cited concerns over low oil prices and future economic uncertainty as the reason for holding the rate. Governor Stephen Poloz will speak more tomorrow about Canada’s economy.
Former PM Mulroney among dignitaries speaking at Bush funeral
Former Prime Minister Brian Mulroney is speaking at the funeral of George HW Bush.
Mulroney is among a group of global dignitaries attending the ceremony for 41st President, who died last Friday. Canada is also honouring Bush by lowering all flags on federal buildings to half-mast. Justin Trudeau called Bush a true friend to Canada.