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Bank of Canada reveals latest interest rate decision

The Bank of Canada walked back some of its enthusiasm about the nation’s outlook in a decision that kept interest rates unchanged, saying the economy may have more capacity than previously thought to grow without fueling inflation. The Ottawa-based central bank kept its overnight benchmark rate at 1.75 percent, reiterating it expects to eventually remove… Read more »

Questrade Wealth Management to pay $2.9 million to OSC

Questrade Wealth Management Inc. of Toronto has agreed to make a voluntary payment of $2.9 million to settle allegations that it failed to identify and respond to conflict of interest when it sold eight of it’s ETFs to Toronto-based Wisdom Tree Asset Management Inc. in July 2017, the Ontario Securities Commission (OSC) announced Tuesday. To… Read more »