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‘Bank of Canada tracking impact of higher rates’

Bloomberg The Bank of Canada gave the strongest indication yet it is concerned about the Canadian dollar’s recent gains, with a top official saying policy makers will closely monitor the currency’s impact on the economy. In the bank’s first public remarks, since raising interest rates, Deputy Governor Timothy Lane spoke to a business audience in Saskatchewan where he outlined the ...

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Trudeau warns to halt Boeing F-18 deal on Bombardier row

Bloomberg Prime Minister Justin Trudeau says Canada won’t buy Boeing Co. fighter jets while the company pursues a trade challenge against Montreal-based Bombardier Inc. over its commercial aircraft. Trudeau made his threat to halt what he called Canada’s “significant procurement” of F-18 Super Hornets alongside UK Prime Minister Theresa May. Both leaders are pressing the US firm to drop its ...

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Northrop bulks up missile business on $7.8bn Orbital deal

Bloomberg Northrop Grumman Corp.’s $7.8 billion purchase of Orbital ATK Inc. will expand its space and missile businesses just as the US steps up efforts to defend against a possible strike by North Korea and threats in the Middle East. The deal cements a turnaround for Northrop, which had been the target of breakup speculation before it scored an upset ...

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