Evening Update: Bank of Canada cuts interest rate

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Evening Update: Bank of Canada cuts interest rate
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Also: D-Day ceremonies in Normandy; MP tries to stop deportation of truck driver in Humboldt Broncos crash

This is the daily Evening Update newsletter. If you’re reading this on the web, or it was sent to you as a forward, you can sign up for Evening Update and more than 20 more Globe newslettersGovernor Tiff Macklem said the central bank decided to reduce its policy rate to 4.75 per cent from 5 per cent after seeing more evidence that inflation is easing. It’s the first central bank in the world to lower its policy rate, with others expected to follow suit this year.

Second World War veterans were also in attendance at the event in the cemetery where 2,100 Canadian soldiers are laid to rest. The students placed a Pimicikamak flag on the grave of Rose Beardy, a soldier who died at age 26 during the war. working to halt the deportation of the truck driver who was convicted in the deadly 2018 Humboldt Broncos bus crash.

his time. He is remorseful. He has asked for forgiveness,” Chahal said. “I don’t think it serves Canada to punish him further and to separate a wife from her spouse and a child from their father.”The United States has pledged to ban TikTok if its Beijing-based owner doesn’t sell it, but American politicians can’t stay away. Nathan VanderKlippe reports on

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