Canada Has A ‘responsibility’ To Urge Israel To Stop ‘provocative’ Actions, Palestinian Foreign Minister Says
I dont see the case to be really worried about inflation and that backs a dovish Bank of Canada for a long time, Derek Holt , vice president and economist at Scotiabank in Toronto, said in a telephone interview. The Canadian dollar fell 0.2 percent to C$1.0290 per U.S. dollar at 9:36 a.m. in Toronto. One dollar buys 97.18 U.S. cents. Government bond yields declined with two-year yields falling 2 basis points to 1.23 percent and five year notes by 1 basis point to 2.01 percent. The slower year-over-year total and core inflation rates matched the median estimates in Bloomberg economist surveys. Mortgage interest costs fell 3.6 percent in August from a year earlier while prescribed medicines declined 4.2 percent, according to the report. Major price increases included a 9.5 percent jump in natural gas and a 1.7 percent rise in rental costs. Cheaper Phones On a monthly basis, consumer prices were unchanged in August as clothing costs rose 1.9 percent and telephone services declined 1.7 percent. The core rate climbed 0.2 percent in August from July. Economists surveyed by Bloomberg predicted that monthly prices would rise 0.1 percent and the core rate would increase 0.2 percent.
Mya Williamson is Atlantic Canada’s First Scotiabank’s Game Changer
30. December Expectations Policy makers will wait until their December meeting to decide to reduce monthly purchases, 24 of 41 economists according to a Bloomberg survey conducted Sept. 18-19. The median estimate in an Aug. 9-13 poll projected the Fed would begin paring at this weeks meeting. The markets a bit surprised by Ben Bernanke backing off the tapering, Madani said. We still think theyll go ahead and do it, but not until December. The prospect of sustained bond-buying by the Fed triggered a rally in U.S. government debt and widened the interest-rate gap between Canadian and U.S. two-year government debt to as much as 92 basis points, or 0.92 percentage point, the most since January. U.S. two-year notes yielded 0.33 percent yesterday compared with Canadian two-year yields of 1.22 percent. The two-year notes dropped six basis points on the week. Canadas 10-year note yields fell seven basis points to 2.69 percent. Moving Average The loonies failure to stay above the 200-day moving average was due to Canadian companies that do business across the border taking the opportunity to buy U.S. dollars at the most attractive levels in three months, Spitz said.
At the same time, Mr. al-Maliki said he is hoping Canada will use its close friendship with Israel to urge the Jewish state behind the scenes to stop what he described as provocative actions that could derail peace talks. We know the good offices that Canada has with Israel could be used for raising these issues We know the good offices that Canada has with Israel could be used for raising these issues, Mr. al-Maliki said. He was in Ottawa for two days of meetings with federal officials this week, including what he indicated was a warm meeting with Mr. Baird. The meetings took place in the context of peace negotiations between Israelis and Palestinians that were relaunched last month after a five-year hiatus marked by frustration, anger and conflict. Mr. al-Maliki admitted he had mixed feelings about making his first trip to Ottawa given the Conservative governments strong opposition to the Palestinians bid for non-member state status at the UN this past November. Canada was one of only a handful of countries to vote against the resolution and lobbied other countries to vote against it as well. There was also concern about Mr. Bairds meeting with Israeli Justice Minister Tzipi Livni in April in East Jerusalem, which Canada and much of the rest of the world considers occupied territory belonging to the Palestinians.
Canada Dollar Rises to Three-Month High as Fed Retains Stimulus
The public voted for their favourite Game Changer online. Mya Williamson was selected as the Scotiabank Atlantic Game Changer based on a combination of fan voting and a judging panel. In addition to $10,000 for IWK Health Centre Foundation and on field recognition at the Touchdown Atlantic CFL game, Mya Williamson won a VIP NAPA Touchdown Atlantic Game experience for four. During the CFL regular season, Scotiabank will recognize 24 Scotiabank Game Changers across sponsored markets and provide each of them with a $1,000 donation to the registered charity or registered non-profit organization of their choice. Starting September 23 , fans in Edmonton , Saskatchewan and Hamilton will have the chance to vote for their favourite Scotiabank Game Changer finalist. Based on a combination of fan voting and a judging panel, three regional winners will each receive $25,000 for their designated charity and other great prizes. For more information about the Scotiabank Game Changers program, go to www.ScotiabankGameChangers.com , on Facebook and follow us on Twitter at @ScotiaCFL #sbgamechangers. About Scotiabank: Scotiabank is committed to supporting the communities in which we live and work, both in Canada and abroad, through our global philanthropic program, Scotiabank Bright Future. Recognized as a leader internationally and among Canadian corporations for our charitable donations and philanthropic activities, Scotiabank has provided on average approximately $47 million annually to community causes around the world over each of the last five years. Visit us at www.scotiabank.com . SOURCE Scotiabank Image with caption: “Eight year old Mya Williamson was named the Scotiabank Game Changer on-field at the CFL’s NAPA Touchdown Atlantic game in Moncton where she was awarded a $10,000 donation to IWK Health Centre Foundation in Halifax. Presenting is Scotiabank Vice President of East New Brunswick and PEI District Martin MacCool. (Photo credit Gilles Daigle).