100.1 GO FM - We're Your Feel Good Pop Station

MID-DAY: Loonie bounces up and down on trade war fears and BoC interest rate decision

The Loonie is attempting to regain ground again as the BoC keeps interest rates the same.
The Bank of Canada announced this morning, it would keep the interest rate at 1.5 per cent, but future rate hikes are on the horizon as inflation goes up. Experts suggest the next hike could come in October.

The Loonie is falling again to 75.80 cents US in what has been a volatile morning for the Canadian currency.

Meanwhile, the TSX is plummeting as investors fret over trade tensions, falling 75 points to 16,085.

Across the border as the Dow is down slightly to 25,951.

Chrystia Freeland is back in Washington talking NAFTA with her counterpart, with reports suggesting a deal needs to be done by the end of the month.

Oil continues to slide to 68.98 a barrel.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Alternatives North suspects regulatory capture in ITI

Alternatives North believe they have uncovered evidence of the ‘regulatory capture’ of the GNWT Department of Industry Trade and Investment (ITI) by the mining industry, specifically regarding the regulatory policies surrounding the Mineral Resources Act. 

Relentless Indigenous Woman talks languages, “literally” changing world

Dr. Candace Manitopyes, aka The Relentless Indigenous Woman, is working with Elders and Language Keepers in the North and across Turtle Island on relaunching an Indigenous languages program. Dr. Manitopyes says there is an urgency to support Indigenous language learning, especially for Northern First Nations communities, where culturally responsive community rooted resources are even more scarce.

New generation of Indigenous languages speakers celebrated in the NWT

“The language is who we are. Language is our Elders. Language is what makes us who we are,” said Paul Andrew, who emceed a special gathering in Yellowknife that included mentors and apprentice Indigenous language learners, their families, organizers and community leaders. This year’s cohort engaged in learned the languages of Gwich’in, Tłı̨chǫ, Inuvialuktun, Inuinnaqtun, Inuktitut,Dene Kede, Dene Zhatıé, Nêhiyawêwin, Dëne Sųłıné and Wı̀ılı̀ıdeh. 

NWT services to be made accessible in Indigenous languages, says GNWT

The territorial government will soon begin offering all services in each of the 11 official languages including the nine Indigenous languages of Dinjii Zhu Ginjik (Gwich’in), ᐃᓄᒃᑎᑐᑦ (Inuktitut), Inuvialuktun, Inuinnaqtun, Dene Kǝdǝ́/ Sahtúot'ı̨nę Yatı̨ (North Slavey), Dene Zhatıé (South Slavey), Tłı̨chǫ, Dëne Sųłıné (Chipewyan) and Nëhiyawëwin (Cree). Previously, the services had been available in English and French only.

Support and funding for “Language Cafes” to launch this spring

The NWT Literacy Council has started a new funding program to help support Indigenous language revitalization. Kathryn Barry Paddock, Executive Director of the NWT Literacy Council made the announcement that the organization is promoting more funding and the creation of more accessible spaces for Indigenous language through "Language Cafe" events.