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PBO Warns Canada’s Debt Burden Is Set to Rise for First Time in Decades

The signal comes as the central bank holds a 2.5% policy rate.

Overview

  • The Bank of Canada will release Wednesday a summary of deliberations explaining its decision to cut the key interest rate to 2.5% earlier this month.
  • Guests on Inside Politics criticized Prime Minister Mark Carney’s recognition of Palestine, calling it a moral abdication that rewards Hamas and alienates allies.
  • The Blue Jays beat the Rays 5-1 to trim their magic number to one for the AL East title, with Toronto holding the head-to-head tiebreaker over the Yankees.
  • The Blue Bombers crushed the Tiger-Cats 40-3, sparked by Trey Vaval’s 98-yard opening kickoff return and Zach Collaros’s season-high 370 passing yards in his return.
  • The Winnipeg Sun will not publish an e-edition on Tuesday, Sept. 30, in observance of the al Day for Truth Truth and Reconciliation, and will resume Wednesday.