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Rate hike 📈 — The Bank of Canada hikes interest rates. Canadian companies are getting out of Russia. And MLB is going into lockout.
Episode 1
Published 4Â years, 2Â months ago
Description
The Bank of Canada raised its benchmark interest rate by 0.25 basis points to 0.5% yesterday. And if that sentence isn’t dull enough to put you back to sleep, we want some of whatever coffee you’re brewing. A growing number of Canadian and international companies, including Apple and Canada Goose are suspending operations in Russia over its invasion of Ukraine*.* Major League Baseball (MLB) has cancelled the first games of its season, set to begin on March 31, over a labour dispute. More bad news for the downtown Toronto hospitality scene.
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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.