Canada's inflation rate slows slightly, bolsters case for Bank of ...
Associated Press
Live updates | Intense bombardments strike in southern Gaza as the war rages onPalestinians described intense bombardments early Tuesday near two towns in southern Gaza, where Israel had ordered civilians to seek refuge. Hamas' military wing said a separate attack on a refugee camp in central Gaza killed a top Hamas commander. Thousands of people trying to escape Gaza are gathered in Rafah, which has the territory’s only border crossing to Egypt.
Reuters
Israel's Gaza evacuation order could breach international law - UNGENEVA (Reuters) -The United Nations human rights office said on Tuesday that Israel's siege of Gaza and its evacuation order for the north of the enclave could amount to a forcible transfer of civilians and be in breach of international law. Speaking to reporters in Geneva, Ravina Shamdasani, spokesperson for the U.N. human rights office, said Israel seemed to have made no effort to ensure the civilians temporarily evacuated in Gaza were provided with proper accommodation, as well as satisfactory conditions of hygiene, health, safety and nutrition.
CBC
Lavish trip for group of Conservative MPs in ethics spotlightA pricey trip for a group of Conservative MPs sponsored by an interest group and a Hungarian think-tank could soon come under the microscope by the House of Commons ethics committee.NDP ethics critic Matthew Green served notice Monday that he will introduce a motion for the committee to take a closer look at a trip to London last June sponsored by Canadians for Affordable Energy and the Danube Institute. The trip, billed as an opportunity to discuss energy policy, included thousands of dollars i
The Canadian Press
Canada’s annual inflation falls to 3.8% in September, grocery prices rise more slowlyOTTAWA — Canada’s annual inflation rate slowed to 3.8 per cent in September as prices for a range of goods and services rise more slowly, including durable goods and grocery prices. Statistics Canada released its latest consumer price index report on Tuesday, which showed inflation resumed its decline, after rising during the summer to four per cent in August. The federal agency said grocery prices were up 5.8 per cent in September on an annual basis compared with a year-over-year increase of 6.
The Canadian Press
TD Bank says Charles Schwab stake expected to add $156M for Q4TORONTO — TD Bank Group says its stake in Charles Schwab Corp. is expected to translate into $156 million of reported equity in net income for its fourth quarter. The Toronto-based bank says excluding about $13 million in acquisition-related charges after-tax, about $35 million in restructuring charges after-tax, and approximately $30 million in amortization of acquired intangibles after-tax, its adjusted equity in net income from its investment in Schwab will be about $234 million for the quart
Reuters
Canadian dollar hits 11-day low as inflation coolsThe Canadian dollar weakened against its U.S. counterpart on Tuesday as investors dialed back bets on a Bank of Canada interest rate hike next week after domestic data showed an unexpected easing of inflation. Canada's annual inflation rate slowed to 3.8% in September and underlying core measures also eased. The CPI data "shows the bank is making progress on its inflation goal by keeping rates at a restrictive level," said Bipan Rai, global head of FX strategy at CIBC Capital Markets.
The Canadian Press
Report: France player who laughed during minute's silence for war victims asked to give explanationPARIS (AP) — France defender Jean-Clair Todibo has reportedly been asked by the French soccer federation's ethics body to explain himself after he was filmed laughing during a a minute's silence in memory of the victims of the war between Israel and Hamas. The minute's silence, which also paid tribute to a teacher killed in France by a suspected extremist, was held before France’s 2-1 win over the Netherlands on Friday in a European Championship qualifier. The French federation did not immediate
Reuters
UPDATE 3-Canada's inflation slows in September, likely heading off rate hikeCanada's annual inflation rate unexpectedly slowed to 3.8% in September and underlying core measures also eased, data showed on Tuesday, prompting markets and analysts to trim bets for another interest rate hike next week. Month-over-month, the consumer price index was down 0.1%, Statistics Canada said, lower than a forecast for a 0.1% gain. Two of the Bank of Canada's (BoC's) three core measures of underlying inflation also decelerated.
