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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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Ontario Autism Charity Under Police Investigation for Grant Mismanagement

 

Premier Doug Ford and Jake's House co-founder David Bodanis pose on Nov. 25, 2018 at the charity's "Legend of Distinction Ceremony" honouring Toronto Police Supt. Ron Taverner.


Ontario Provincial Police have opened an investigation into Jake’s House for Autistic Children, a charity that has received substantial provincial funding over the years. The review focuses on how the organization handled government grants after concerns were raised by provincial officials about its financial practices and overall governance.

Jake’s House, known for providing programs and support to families affected by autism, had previously been funded through multiple provincial initiatives, including workforce‑related programs. Government ministries flagged ongoing issues with the charity’s financial oversight, prompting the province to halt funding and refer the matter to police.

The OPP’s anti‑rackets branch is now examining whether public funds were managed appropriately. The investigation remains active, and neither the charity nor provincial officials have publicly detailed the specific concerns under review.


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