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Policy-makers should facilitate the necessary economic adjustments, Governor Poloz says

Diverging monetary policies are the natural consequence of large declines in resource prices and should be expected, Bank of Canada Governor Stephen S. Poloz said in a speech on Thursday, January 7, at the Mayor’s Breakfast Series in Ottawa.

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Toronto Hydro bills going up again

The Ontario Energy Board (OEB) has approved five years of rate funding for Toronto Hydro, and is about to issue a final rate order, which will establish the final distribution rate impacts and effective rate dates. Once known, Toronto Hydro will communicate any distribution rate impacts directly to its customers.

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