100.1 GO FM - We're Your Feel Good Pop Station
Uncategorized
Less than 1 min.read

MID-DAY: BoC hikes interest rate to 1.5 per cent; Tim Hortons eyes more global expansion

James Bowler
By James Bowler

Canada’s interest rate is going up and the trade war could hit very hard.
The Bank of Canada announced the rate hike this morning to 1.5 per cent. Governor Stephen Poloz also warned the trade war hit against Canada will likely be much more significant than was originally thought.

Following the announcement the TSX has plummeted 121 points to 16,427. Across the border the Dow, weighted by trade war worries, is sliding 112 points to 24,807.

Traders are watching Tim Hortons after Restaurant Brands International announced a partnership with Cartesian Capital group to break in to China with 1,500 stores planned across the eastern country.

The Loonie has gained to 76.46 cents US.

US crude is down to 73.39 a barrel.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

10 years after the TRC’s final report, are we making space for Truth?

Northwest Territories
“I don't think the whole truth has come up, they’ve barely scratched the surface,” says Bob Overvold, who is a Residential School Survivor and co-founder of the group, We Always Remember (WAR). This week, Dec. 15 marked the 10 year anniversary of the Truth and Reconciliation Commission’s release of their Final Report.

Water testing at two more schools in Hay River show elevated levels of lead

Northwest Territories
Water testing at two more schools in the territory indicated elevated levels of lead for some of the schools' fixtures. While water testing at the Diamond Jenness Trades Centre in Hay River showed lead levels below Health Canada’s guidelines, testing at two other schools showed elevated levels. Water testing at Princess Alexandra School and Diamond Jenness Secondary School showed that water samples for some fixtures tested above the guidelines.

Bronwyn Watters remembered in Yellowknife

City of Yellowknife
Yesterday, family and friends gathered to remember Bronwyn Watters, a local Yellowknifer, who touched the lives of many people. Watters was honoured with a commemorative library at AVENS in the city of Yellowknife. In over 30 years working in public service, Watters took on many leadership roles including as deputy minister of the Department of Justice, but was also remembered by her family and friends for her work as a volunteer, a poet, photographer and an avid reader of books.

Police warn that phone landlines may be down in Tuktoyaktuk

Northwest Territories
A communications outage is effecting landline telephone calls in Tuktoyaktuk, said RCMP in an announcement issued this afternoon. Police are advising anyone in the area in need of police services and unable to use their phone, to go directly to the police station The communications company is working on the issue but it is unclear when telephone landline access will be restored.

Suspect facing charges after alleged knife assault on security guard in YK

City of Yellowknife
A 30-year-old suspect is facing charges after an alleged knife assault involving a security guard yesterday in the city of Yellowknife. “On December 18th at approximately 12:03 p.m. Yellowknife RCMP received a report that a security guard had been attacked by a person with a knife at an apartment building in the downtown area of Yellowknife. The security guard was able to escape uninjured,” said police.
Available on

Navigation

Location

5114 49th Street
Yellowknife, NT X1A 1P8

Phone numbers

Studio: 867-920-2523
Toll Free: 1-867-873-4663
Office: 867-920-4636

- Advertisement -
Middays with Karly - 100.1 GO FM
Starting at 11:00 AM
Middays with Karly
Listen Live
Listen Live
Listen Live
100.1 GO FM - We're Your Feel Good Pop Station