Bank of Canada officials acknowledged their decision to cut interest rates by half a percentage point for a second consecutive meeting was a “close call,” with some policymakers initially tilting toward a smaller reduction in borrowing costs.

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The decision by Bank of Canada governing council members to cut the policy rate by 50 basis points in December was a “close call,” according to minutes released by the central bank on Monday. In early December,

Canadian Prime Minister Justin Trudeau, whose party looks set to lose power early next year, is under increasing pressure from his own legislators to step down and let someone else take over. The ruli

Canadian Prime Minister Justin Trudeau's support within his own party appeared to falter further on Sunday, as former loyalists said growing numbers of Liberal caucus members wanted the premier to