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Bank of Canada Holds Steady Amid Trade Turbulence

  The Bank of Canada has opted to maintain its key interest rate, signaling a cautious approach as uncertainty swirls around international tariffs and trade relations. This move keeps the benchmark rate unchanged, offering a stabilizing signal to markets while leaving room for potential rate cuts in the months ahead. The decision reflects concerns over economic fragility, particularly as Canadian exporters face mounting pressure from shifting global trade dynamics. While inflation has shown signs of easing, policymakers remain wary of unpredictable external shocks that could weigh on domestic growth. Governor Tiff Macklem indicated that future rate adjustments are not off the table, especially if trade tensions escalate or if inflation continues to track below target. Analysts interpret the Bank's message as a strategic pause rather than a pivot, allowing for flexibility in a volatile economic climate. For Canadian households and businesses, the move offers short-term reassuran...
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Air India Flight Crashes in Ahmedabad: More Than 240 Aboard, Including Canadians

An Air India plane carrying more than 240 passengers, including Canadian nationals, has crashed in Ahmedabad, India. Authorities are currently investigating the cause of the accident, and emergency response teams have been deployed to the scene.  

Early reports indicate significant damage to the aircraft, though details on casualties and injuries remain unclear. The airline has assured that rescue and relief operations are underway, with officials working to provide timely updates.  

Family members and concerned citizens are anxiously awaiting further information, while global aviation authorities monitor the situation closely. The Canadian government is expected to release a statement regarding the safety and status of its nationals on board.  

This is a developing story. More details will follow as officials provide updates.

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