Overview
- Financial markets expect the Bank of Canada to leave its policy rate at 2.25% on Wednesday after stronger November jobs and third-quarter growth readings.
- Roughly 700 Air Transat pilots have approved a strike mandate by 99%, with a walkout possible as early as Wednesday if talks fail and the legally required 72-hour notice is served.
- Teck Resources holds a shareholder vote Tuesday on its deal with Anglo American, a copper-focused tie-up that still requires approval under the Investment Canada Act.
- The Canadian Taxpayers Federation’s pre-budget pitch to Manitoba urges ending bracket creep after indexing was halted, cutting the provincial sales tax by one point, conducting a spending review, ending corporate subsidies, and aligning public pay with the private sector.
- Local restaurateurs report margins near 2% versus roughly 5% before the pandemic due to higher food and labour costs, while the Edmonton Oilers’ 6-2 win over the Jets marks three wins in four behind standout nights from Leon Draisaitl, Evan Bouchard and Connor McDavid.