Randall's Feed
Feb 6, 2015

Top court says Canadians have right to die, strikes down ban

OTTAWA (Reuters) – The Supreme Court of Canada overturned a ban on physician-assisted suicide on Friday, unanimously reversing a decision it made in 1993 and putting Canada in the company of a handful of Western countries to make it legal.

The top court said mentally competent, consenting adults who have intolerable physical or psychological suffering from a severe and incurable medical condition have the right to a doctor’s help to die. The illness does not have to be terminal. The decision takes effect in 12 months.

Feb 6, 2015

Court ruling makes Canada latest to allow doctor-assisted suicide

OTTAWA, Feb 6 (Reuters) – The Supreme Court of Canada
overturned a ban on physician-assisted suicide on Friday,
unanimously reversing a decision it made in 1993 and putting
Canada in the company of a handful of Western countries where
the practice will be legal.

The top court said it would be allowed in the case of
consenting adults who are suffering intolerably from a severe
and incurable medical condition, whether physical or
psychological, and the illness does not have to be terminal. The
decision takes effect in 12 months.

Feb 5, 2015

Ahead of G20 meeting, Canada raises concerns about global economy

OTTAWA, Feb 5 (Reuters) – As the Group of 20 leading
economies head into ministerial talks in Turkey next week,
Canada highlighted the uncertainty of the global economy and
concerns over the ability of the United States to sustain global
growth.

A senior Canadian finance official, briefing reporters on
Thursday ahead of the meeting Monday and Tuesday of finance
ministers and central bank governors, cited lower growth
expectations for most parts of the world except the United
States.

Jan 30, 2015

Factbox: Canada security bill’s main provisions

By Randall Palmer

(Reuters) – The Canadian government introduced legislation on Friday to counter terrorism in response to attacks in Canada, France and Australia by Islamist militants since last October.

The following are the main provisions:

CANADIAN SECURITY INTELLIGENCE SERVICE

- CSIS would have powers to disrupt threats to the security of Canada at home and abroad, not just collect intelligence.

Jan 27, 2015

Canada Liberals can lift spending and avoid deficits -Trudeau

OTTAWA, Jan 27 (Reuters) – If Canada’s opposition Liberals
win the election set for this October they would be able to
boost spending on their priorities without necessarily running a
budget deficit, party leader Justin Trudeau told Reuters on
Tuesday.

Trudeau’s centrist Liberals are neck and neck with the
governing right-of-center Conservatives in the runup to the
election.

Jan 23, 2015

Analysis – Bank of Canada’s shock move marks clear break with Carney era

OTTAWA (Reuters) – Bank of Canada Governor Stephen Poloz’s shock rate cut on Wednesday sent a clear message to financial markets: Don’t expect me to hold your hand.

Trading floors reacted by selling the Canadian dollar and uttering more than the usual number of expletives, but the move drove home that the central bank has changed its views about a monetary policy tool used by Poloz’s predecessor Mark Carney, who’s now Governor of the Bank of England.

Jan 23, 2015

Bank of Canada’s shock move marks clear break with Carney era

OTTAWA, Jan 23 (Reuters) – Bank of Canada Governor Stephen
Poloz’s shock rate cut on Wednesday sent a clear message to
financial markets: Don’t expect me to hold your hand.

Trading floors reacted by selling the Canadian dollar and
uttering more than the usual number of expletives, but the move
drove home that the central bank has changed its views about a
monetary policy tool used by Poloz’s predecessor Mark Carney,
who’s now Governor of the Bank of England.

Jan 21, 2015

Bank of Canada shocks market with rate cut, blames oil plunge

OTTAWA (Reuters) – The Bank of Canada stunned markets by cutting interest rates on Wednesday, citing a threat to economic growth and its inflation targets from the dramatic drop in oil prices and said the bank stood ready to ease policy further if necessary.

Governor Stephen Poloz said the central bank’s surprise move to stimulate the economy provides “insurance” against risks for Canada, a major oil producer, stemming from the “oil price shock”. He said oil’s plunge could worsen household debt burdens by driving up unemployment and cutting incomes.

Jan 21, 2015

Bank of Canada delivers shock rate cut as ECB gears up for quantitative easing

OTTAWA/FRANKFURT (Reuters) – The Bank of Canada joined the list of “unpredictable” central banks on Wednesday with a shock quarter point rate cut as the European Central Bank prepared a 600 billion euro ($695 billion) bond-buying program aimed at lifting Europe out of its economic doldrums.

The Canadian move came in response to a sharp drop in oil prices that hit the commodity-dependent economy, expected to grow by just 1.5 percent in the first half of this year compared with the central bank’s previous forecast of 2.4 percent.

Jan 21, 2015

Bank of Canada delivers shock rate cut as ECB gears up for QE

OTTAWA/FRANKFURT, Jan 21 (Reuters) – The Bank of Canada
joined the list of “unpredictable” central banks on Wednesday
with a shock quarter point rate cut as the European Central Bank
prepared a 600 billion euro ($695 billion) bond-buying program
aimed at lifting Europe out of its economic doldrums.

The Canadian move came in response to a sharp drop in oil
prices that hit the commodity-dependent economy, expected to
grow by just 1.5 percent in the first half of this year compared
with the central bank’s previous forecast of 2.4 percent.