Randall's Feed
Oct 23, 2014

Canadian MPs in lockdown tweet of terror fears, toilet line ups

OTTAWA (Reuters) – Canadian lawmakers locked down inside parliament for up to 10 hours turned to Twitter to send messages to their friends and families letting them know they were safe albeit exhausted.

Politicians across the political spectrum, often at odds over serious issues, were united in their concern and dismay after a gunman launched an attack on the building.

Oct 22, 2014

Lax security in focus after attack at Canada’s parliament

OTTAWA/TORONTO (Reuters) – Security in Canada’s capital came under criticism on Wednesday after a gunman was able to run through the unlocked front door of the main parliament building, and get close to Prime Minister Stephen Harper before being taken down in a flurry of gunfire. The gunman had first shot and killed a soldier at the nearby National War Memorial in central Ottawa before running into the parliament building, according to media reports, though Canadian police said they could not immediately confirm that the two shootings were carried out by the same assailant.

“Parliament Hill … is an icon of the government, and it would be expected to be one of the hardest of hard targets in this nation. It is therefore of abiding concern that this could have transpired,” said David Harris, a security consultant at Insignis Strategic Research and a former contractor for the Canadian Security Intelligence Service, Canada’s spy agency.

Oct 22, 2014

Shooting locks down Canadian parliament; one suspect reported dead

OTTAWA (Reuters) – A gunman shot and wounded a soldier in Ottawa and then entered the country’s parliament buildings chased by police, with at least 30 shots fired, according to media and eyewitness reports on Wednesday.

CBC TV said that a suspected gunman was shot dead inside the parliament building. It was not clear if he was acting alone.

Oct 22, 2014

Soldier shot; gunman enters Canadian parliament, many shots fired

OTTAWA (Reuters) – A gunman shot a soldier at the Canadian War Memorial in Ottawa and was then chased by police into the main parliament building, where at least 30 more shots were fired, according to media and eyewitness reports on Wednesday.

Parliament was locked down and Prime Minister Stephen Harper had left the building safely as police converged on the area.

Oct 22, 2014

Soldier shot near Canada’s parliament; shooter at large

OTTAWA (Reuters) – A Canadian soldier was shot at the Canadian War Memorial in Ottawa and a shooter was seen running towards the nearby parliament buildings, where more shots were fired, according to media and eyewitness reports on Wednesday.

The buildings were put on lockdown as police and tactical teams converged on the area. The wounded soldier was taken into an ambulance where medical personnel could be seen giving him cardio-pulmonary resuscitation.

Oct 22, 2014

Bank of Canada abandons neutral reference, holds rates steady

OTTAWA, Oct 22 (Reuters) – The Bank of Canada dropped any
reference to taking a neutral stance on interest rates on
Wednesday after having already signaled that it would generally
not give forward guidance on its rate moves.

The bank kept its key overnight rate at 1 percent, where it
has been for more than four years, but this had been universally
expected and markets were looking more for its overall outlook
and analysis. In September it had said it was neutral on the
timing and direction of rate changes.

Oct 17, 2014

Canadian inflation hits Bank of Canada target of 2 percent

OTTAWA, Oct 17 (Reuters) – Canadian inflation settled
exactly at the Bank of Canada’s target of 2.0 percent in
September, with the core rate staying at 2.1 percent, according
to Statistics Canada data released on Friday.

Bank of Canada Governor Stephen Poloz has said some recent
price increases were temporary and therefore should be ignored,
suggesting a lower underlying rate, but for now inflation is at
the midpoint of the target range of 1 percent to 3 percent.
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Oct 12, 2014

Britain puts stake in Eurostar up for sale

WASHINGTON (Reuters) – The British government plans to sell its 40 percent stake in the fast-speed Eurostar train operator that links Britain with the European continent, finance minister George Osborne announced late on Sunday.

Osborne invited bidders to put in expressions of interest by Oct. 31, and if the bids are high enough the plan would be to finalize agreements in the first quarter of next year.

Oct 11, 2014

Bank of Canada sees labor slack, looking through some inflation

WASHINGTON, Oct 11 (Reuters) – Canadians would be working
more hours if the nation’s recovery were truly self-sustaining,
Bank of Canada Governor Stephen Poloz said on Friday, casting a
different light on the surge in employment in September.

Poloz, who will be presenting the central bank’s Monetary
Policy Report on Oct. 22, also said a lot of the price hikes
Canada has seen recently were temporary and should be ignored in
setting monetary policy.

Oct 10, 2014

U.S. and UK to test big bank collapse in joint model run

WASHINGTON (Reuters) – Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.

Treasury Secretary Jack Lew and the UK’s Chancellor of the Exchequer, George Osborne, on Monday will run a joint exercise simulating how they would prop up a large bank with operations in both countries that has landed in trouble.