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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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Grandmother Feared Swallowed by Sinkhole While Searching for Cat

 


Authorities are currently conducting a search and rescue mission for 64-year-old Elizabeth Pollard, who is feared to have been swallowed by a sinkhole while looking for her cat, Pepper. The incident occurred in the village of Marguerite, about 40 miles east of Pittsburgh.

Pollard's family reported her missing early Tuesday morning after she went out Monday evening to search for her cat. Her car was found parked near the Union Restaurant, and her 5-year-old granddaughter was discovered safe inside the vehicle. The sinkhole, which appeared to be new, was not noticed by hunters and restaurant workers in the area earlier in the day.

Rescue teams have been using an excavator and a pole camera with a sensitive listening device to search the area. A shoe was spotted about 30 feet below the surface, leading authorities to believe Pollard may still be in a void. The sinkhole is suspected to have been caused by subsidence from old coal mining activity in the area.

The community is holding out hope for a positive outcome as the search continues.




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