DODGE SAYS HIGHER RATES COULD HELP ECONOMY
Former Bank of Canada governor David Dodge says the world economy might be better off if policy-makers bumped interest rates a little bit higher. In prepared remarks for a speech today, Dodge says boosting borrowing costs would help promote price and financial stability under current global conditions, which include historically low interest rates and stagnant growth.
GOVERNMENT CAN LEARN FROM PRIVATE SECTOR ON RECRUITING WOMEN: HAJDU
The minister responsible for the Status of Women says the federal government can take some lessons from business leaders on including more women. Patty Hajdu is in France attending the annual global meeting of the Women’s Forum for the Economy and Society. She points to Coca-Cola CEO Muhtar Kent for the work he has done to bring more women into his corporation. Kent told the meeting this week when he took the job in 2008, women were poorly represented in mid-level management and leadership positions at the company. Coca-Cola says women now represent 31.8 per cent of the senior leadership roles at the company, compared to 23 per cent when Kent took over as CEO.
SENIOR ACCUSED IN WIFE’S DEATH IN COURT TODAY
An 85-year-old Calgary man accused of murdering his wife of 56 years has a court appearance today. Siegfried van Zuiden was charged Oct. 4 with second-degree murder after he called 911 and police officers found his 80-year-old wife, Audrey, dead in their home. The senior has undergone two months of psychiatric testing to assess whether he is fit to stand trial.
CHARGES IN SHEEP CASE STAYED
Charges in a long-running case over the abduction of prized sheep from an Ontario farm were stayed this week, after a judge found there had been unreasonable delays in bringing the matter to trial. The development ends a slow-grinding legal ordeal for an Ontario sheep breeder and a dairy farmer, unless the Crown decides to appeal. Linda “Montana” Jones and Michael Schmidt were charged following an investigation into the removal of 31 sheep from an Ontario farm in April 2, 2012, hours before the animals were to be euthanized.