‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. “We do see renewed downward momentum in underlying inflation. The message to Canadians is, we are getting closer. We are seeing what we need to … Read more

Canadian Forces personnel deploy to Jamaica to train troops for Haiti mission

Approximately 70 Canadian Armed Forces (CAF) members were deployed to Jamaica on Friday to train military personnel from several Caribbean countries who are bound for Haiti as part of a multinational security force led by Kenya and backed by the United Nations. The Canadian personnel will provide training on core peacekeeping skills and combat first aid to troops … Read more

Netflix reports the money is rolling in — and so are advertisements for Canadian subscribers

Netflix told investors it has added millions of new customers and has lots of room to grow its revenue — with part of that growth coming from the planned elimination of the cheapest, ad-free plan available to Canadians. According to fourth quarter results, released late Tuesday afternoon, Netflix is planning to “retire” what it refers to as … Read more