Financing
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World Bank: Trade tensions could block path out of poverty
More than 30 million people around the world could be pushed into poverty (incomes below $5.50 a day) if the trade conflict worsens, says World Bank report
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Greece pays 1.5% to raise 1.5 billion euros in 10 year bond
The country had raised 2.5 billion euros from the March issue, which was its first of benchmark 10-year bonds since 2010
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Ontario declares provincial food terminal protected employment zone
Agriculture Minister Ernie Hardeman announced in July that the terminal would remain in its current location
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Leaders’ debate: Trudeau defends efforts to save SNC Lavalin jobs. He’s right. [INSIGHT]
Trudeau’s position – reduce “the negative consequences of the wrongdoing” for innocent people who didn’t engage in any wrongdoing
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Hong Kong stock exchange drops bid to buy London exchange
The London exchange cited concerns including the Hong Kong exchange’s ties to the government of the Chinese territory
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China criticizes U.S. tech curbs but trade talks going ahead
China’s foreign ministry criticized the curbs on sales of U.S. technology to the Chinese companies as interference in China’s affairs. Talks set for Thursday will going ahead
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U.S. Fed’s odd dilemma: Low unemployment but pressure to do more
Jerome Powell, Chair of the Federal Reserve, faces pressure to keep cutting rates to sustain the U.S. economic expansion
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Gender wage gap narrows to 13.3%, women earn $4.13 less per hour: StatCan [UPDATED]
The shift is attributed to the distribution of men and women across occupations, women’s increased educational attainment and the decline in the share of men in unionized employment
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Husky Energy to sell Prince George, B.C., oil refinery to Tidewater
The sale is part of Husky’s plan to focus on a series of physically linked assets in Western Canada
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Statistics Canada says merchandise trade deficit fell to $955M in August
Exports posted their first growth after two months of declines
