TORONTO, June 20 (Reuters) – Beleaguered Toronto Mayor Rob
Ford won a legal victory on Thursday when Canada’s top court
refused to hear an appeal of a conflict-of-interest case that
could have ousted him from office.
The case is unrelated to reports by two media outlets last
month that Ford had been caught smoking crack cocaine on camera,
allegations that he has strongly denied.
BURLINGTON, Ontario (Reuters) – The Bank of Canada cannot rely on its usual models to assess the economy because of unexpectedly high levels of uncertainty, with the biggest risks coming from abroad, the new central bank chief, Stephen Poloz, said on Wednesday.
Answering audience questions after his inaugural speech, Poloz said the central bank was in “uncharted territory” and called for direct feedback from those doing business on the ground in order to better understand what is happening.
BURLINGTON, Ontario, June 19 (Reuters) – The Bank of Canada
is relying on a rebound in businesses confidence to drive the
economy’s return to health, the central bank’s new chief,
Stephen Poloz, said on Wednesday in a speech that revealed no
clear leanings on monetary policy.
In his first speech after taking over as governor on June 3,
Poloz said there were signs that business confidence is
improving as export demand builds and he said what Canada needs
now is “stability and patience”.
SAN FRANCISCO (Reuters) – The fight over legalizing gay marriage in the most populous U.S. state may go back to the ballot box in 2014 with California voters asked once again to settle the matter even after the Supreme Court’s expected ruling this month on the issue.
Experts believe the top court is unlikely to proclaim a national right to same-sex marriage in its decisions. The court is set to rule on a challenge to California’s ban on same-sex marriage and on a provision of federal law denying certain benefits for married same-sex couples.
TORONTO, June 11 (Reuters) – Canadian railways should bring
in automatic braking systems and video recording devices to help
prevent accidents like a fatal 2012 passenger train derailment,
the country’s transportation watchdog said on Tuesday.
The Transportation Safety Board of Canada’s proposals would
apply to both passenger and freight travel, bringing railways in
line with air travel, where flight recorders and automatic pilot
systems have long been required.