Yahoo! News Canada - Canada Headlines

---

• 'Extraordinary times:' Premier Selinger's job in trouble after Manitoba mutiny
• Food Bank Canada report: Number of Canadians in need of help 'alarmingly' high
• Man who tried to set sleeping neighbours on fire faints in court
• Bank of Canada head says worried about downside inflation risk
• More to be done on housing risk exposure: Bank of Canada official

'Extraordinary times:' Premier Selinger's job in trouble after Manitoba mutiny Posted: 03 Nov 2014 01:34 PM PST Embattled Manitoba NDP Premier Greg Selinger may want to commiserate with Gordon Campbell, Ed Stelmach, Kathy Dunderdale and Alison Redford.   Selinger becomes the latest premier in Canada to face an internal caucus revolt.  On Monday, five cabinet ministers — finance minister Jennifer Howard, justice minister Andrew Swan, health minister Erin Selby, jobs and the economy minister Theresa Oswald and municipal government minister Stan Struthers — resigned their posts stating that Selinger wasn't listening to their advice.

Food Bank Canada report: Number of Canadians in need of help 'alarmingly' high Posted: 03 Nov 2014 09:01 PM PST Food bank use in Canada increased slightly this year in comparison to 2013, and it remains significantly higher than it was before the economic recession, according to a report released Tuesday by Food Bank Canada. In the month of March 2014, more than 840,000 people received food bank assistance, one per cent higher than the same snapshot period last year. Five years after the economy's downturn, 170,000 more people per month were walking through the doors of food banks than was the case before the recession.

Man who tried to set sleeping neighbours on fire faints in court Posted: 03 Nov 2014 08:03 PM PST A man convicted of trying to set his sleeping neighbours on fire collapsed during his sentencing hearing at the Edmonton courthouse on Monday.   Paramedics were called to the courtroom after Gordon Govenlock appeared to faint in the prisoner's box. After Govenlock regained consciousness, he insisted the hearing continue.

Bank of Canada head says worried about downside inflation risk Posted: 03 Nov 2014 04:05 PM PST By Solarina Ho TORONTO (Reuters) - The Bank of Canada is more concerned about the risk of weaker-than-expected inflation and soft growth than it would be about a jump in inflation and strong growth because such upside moves are easier to manage, Governor Stephen Poloz said on Monday. His comments were perceived as dovish by market players and weighed on the Canadian dollar as they suggest the central bank is in no hurry to tighten policy. ...

More to be done on housing risk exposure: Bank of Canada official Posted: 03 Nov 2014 04:03 PM PST OTTAWA (Reuters) - While Canada's housing market has proven to be sound in the aftermath of the global financial crisis, more needs to be done to rebalance risk exposures among market participants, according to a Bank of Canada official. Potential changes needed may include creation of a private-label mortgage securitization market, Bank of Canada deputy governor Lawrence Schembri wrote in an article published by Britain's National Institute of Economic and Social Research on Tuesday. The article was based on a presentation Schembri made at the Bank of England in September. ...

You are subscribed to email updates from Yahoo News Canada - Canada Headlines To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States