Category: Canadian News

Chevron Canada should pay for pollution in Ecuador, Ontario court told

A group of Indigenous Ecuadorians are arguing in an Ontario court that they should be able to seize shares of Chevron Canada to pay for the pollution its parent company allegedly left in their homeland. It’s been 25 years since the case was originally launched by a group representing 30,000 Ecuadorians, who say their land…

Bank of Canada to make interest rate announcement Wednesday

OTTAWA —The Bank of Canada will decide today whether to continue raising interest rates, and will issue its latest predictions for the Canadian economy. Most economists expect the central bank to retain its key rate at 1.25 per cent, the level it has been at since the last quarter-point increase in January. But they’ll be…