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United Kingdom

Kelsey Johnson

Sweden's central bank sells off bonds from Canadian province over climate concerns

8:43pm GMT

Nov 13 Sweden's central bank said on Wednesday it had sold off bonds from the oil-rich Canadian province of Alberta and parts of Australia because it felt that greenhouse gas emissions in both countries were too high.

Bank of Canada unveils tool to help sound financial institutions endure liquidity shocks

4:35pm GMT

OTTAWA Canada's central bank said on Wednesday it is developing a new liquidity tool aimed at helping sound, regulated financial institutions weather shocks to liquidity that come from an abnormal source, such as a cyber attack.

UPDATE 1-Bank of Canada unveils tool to help sound financial institutions endure liquidity shocks

4:32pm GMT

OTTAWA, Nov 13 Canada's central bank said on Wednesday it is developing a new liquidity tool aimed at helping sound, regulated financial institutions weather shocks to liquidity that come from an abnormal source, such as a cyber attack. Under the Standing Term Liquidity Facility (STLF), eligible provincially and federally regulated members of Payments Canada challenged by idiosyncratic shocks like natural disasters, system failures, and cyber attacks would be given access to central bank liquidity for a 30-day term, renewable at the Bank of Canada's discretion.

UPDATE 1-Stronger regulations could help protect against cyber attacks -Bank of Canada official

12 Nov 2019

OTTAWA, Nov 12 Canada should consider strengthening regulations to safeguard the country's financial system against potential cyber attacks, a top Bank of Canada official said on Tuesday.

Stronger regulations could help protect against cyber attacks -Bank of Canada official

12 Nov 2019

OTTAWA, Nov 12 Canada should consider strengthening regulations to safeguard the country's financial system against potential cyber attacks, a top Bank of Canada official said on Tuesday.

Ontario court revokes bail for top Canada official charged with leaking secrets

08 Nov 2019

OTTAWA An Ontario Court on Friday revoked the bail of a top Canadian police intelligence official charged with leaking secret information and ordered that he be immediately taken back into custody.

Canada unexpectedly lost jobs in October as labor market stagnated, unemployment rate steady at 5.5%

08 Nov 2019

OTTAWA The Canadian job market stagnated unexpectedly in October, losing 1,800 net positions, while the unemployment rate remained at 5.5%, Statistics Canada said on Friday, as employment declined in the manufacturing and construction sectors.

China to resume imports of Canadian beef and pork

06 Nov 2019

OTTAWA/BEIJING China will resume imports of Canadian beef and pork, Prime Minister Justin Trudeau said on Tuesday, some four months after Beijing blocked shipments amid an escalating diplomatic feud between the two countries.

Canada September trade deficit shrinks as imports fall faster than exports

05 Nov 2019

OTTAWA Canada's trade deficit in September narrowed to C$978 million ($745 million) as imports fell faster than exports, ending the third quarter on a weak note, Statistics Canada data indicated on Tuesday.

Canada economy grows 0.1% in August, less than expected, on manufacturing rebound

31 Oct 2019

OTTAWA Canada's economy gained 0.1% in August, a touch less than analysts expected, amid a rebound in manufacturing and an uptick in services-producing industries, Statistics Canada data showed on Thursday.

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