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Gerald Butts denies any pressure was put on Jody-Wilson Raybould; Federal committee suggests creation of drug agency

Butts testifies on SNC-Lavalin, says no pressure was put on Justice Minister

Gerald Butts is denying the PMO put unnecessary pressure on Jody Wilson-Raybould.
Butts says neither the Prime Minister nor his advisers gave the former Justice Minister direction to help SNC-Lavalin reach a deal out of court. He says they suggested she get independent advice from a panel of jurists on the matter.

Universal drug plan could be overseen by federal agency

Ottawa may consider the creation of a national drug agency in Canada.
The recommendation comes from a committee reviewing possibilities to offer a universal drug plan for all Canadians no matter what coverage they have. The final decision on the future of a drug plan is expected to come in a few months when the final recommendation report is handed over to the feds.

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BoC pulls back on interest rate hike, suggests economy is slumping

The Bank of Canada likely isn’t budging the interest rate anytime soon.
Governor Stephen Poloz gave a dubious outlook saying the slump in Canada’s economy is likely to last longer than expected and cut fairly deep. The current interest rate is sitting at 1.75 per cent.

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