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Canada Holds Steady: Interest Rate Pause Signals Cautious Confidence

                      The Bank of Canada also held its policy rate at its last scheduled rate announcement in December. The Bank of Canada has opted to keep its key interest rate at 2.25% , a move that underscores a careful balancing act as the country approaches a pivotal moment in North American trade relations. With CUSMA (the Canada‑United States‑Mexico Agreement) negotiations on the horizon, policymakers appear intent on maintaining stability while assessing potential economic turbulence. The decision reflects a mix of optimism and prudence. Inflation has been easing gradually, giving the central bank some breathing room. At the same time, global economic uncertainty and the high stakes of upcoming trade talks mean officials are reluctant to introduce new variables into the financial system. By holding the rate steady, the Bank of Canada signals confidence in the economy’s underlying resilience while acknowledgin...
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Teen Injured After Fall from Ride at Canada’s Wonderland

 

A 17-year-old girl was taken to the hospital after falling from a ride at Canada’s Wonderland in Vaughan, Ontario. The incident occurred on Thursday afternoon when the teenager was on the “Swing of the Century” ride. 

Eyewitness accounts suggest that the fall, which happened around 2:30 p.m., was the result of a medical episode. Operators of the ride reported a “guest injury,” and park medical staff and paramedics responded promptly. The safety of guests and associates remains a top priority as an incident investigation is underway.


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