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Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 23 (Reuters) - The Bank of Canada (BoC) will leave interest rates on hold on Wednesday as the economy stalls, analysts said, though many see the central bank warning that future hikes are still possible with inflation hovering well above its 2% target. Weak growth and a modest easing of inflation "should keep the Bank of Canada on hold," he said. Earlier this month, BoC Governor Tiff Macklem said the economy was not heading for a "serious recession". Macklem "will need to sound sufficiently hawkish to retain current market pricing, which more or less has the Bank of Canada holding rates steady until 2025."
Persons: Blair Gable, Karl Schamotta, Macklem, Royce Mendes, Steve Scherer, Jonathan Oatis Organizations: Bank of Canada, REUTERS, Rights OTTAWA, BoC, Cambridge Global Payments, Desjardins Group, of Canada, Thomson Locations: Ottawa , Ontario, Canada
The risk of a revival in inflation, last measured at 3.8%, has led most to forecast now is not the time for the central bank to strongly signal they are done raising rates. Twenty-nine of 32 economists polled Oct. 13-20 expect no change to the central bank's 5.00% overnight rate (CABOCR=ECI), with the remaining three expecting a 25 basis point hike. While most are confident the central bank is done hiking, a significant minority of economists who answered an additional question, 8 of 18, said the risk of the BoC raising rates at least once more is "high". Still, a two-thirds majority, 20 of 30, see the BoC cutting its overnight rate at least once before end-June 2024. The distribution of where economists saw the overnight rate by end-June was split many ways.
Persons: Randall Bartlett, underscoring, Tony Stillo, Milounee Purohit, Maneesh Kumar, Ross Finley, Jonathan Oatis Organizations: Bank of Canada, BoC, Desjardins, U.S . Federal Reserve, Oxford Economics, Bank, Thomson Locations: BENGALURU, Canada
REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate unexpectedly slowed to 3.8% in September and underlying core measures also eased, data showed on Tuesday, prompting markets and analysts to trim bets for another interest rate hike next week. Analysts polled by Reuters had forecast inflation to hold steady at the 4.0% rate recorded in August. Two of the Bank of Canada's (BoC's) three core measures of underlying inflation also decelerated. Money markets trimmed bets for a rate hike next week after the data. "There's no need for further rate hikes in Canada," Reitzes said.
Persons: Carlos Osorio, Jules Boudreau, stoking, Benjamin Reitzes, Reitzes, Statscan, Derek Holt, Macklem, Ismail Shakil, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajagopal, Jonathan Oatis, Nick Zieminski Organizations: REUTERS, Rights OTTAWA, Reuters, Statistics, Mackenzie Investments, Bank of Canada's, Bank of Canada, BoC, BMO Capital Markets, Scotiabank . Bank of Canada, Thomson Locations: Toronto , Ontario, Canada, Statistics Canada, Mackenzie, Ottawa, Toronto
FILE PHOTO: Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. About a third expect a recession over the coming year, the same level as the previous quarter, the survey said. Some 27% of businesses see it taking more than three years to bring inflation down to 2%, down from 32% the previous quarter, the central bank said. Some 53% of businesses see inflation remaining above 3% over the next two years, compared with 64% the previous quarter. A separate Bank of Canada survey showed consumers’ inflation expectations for the next year eased slightly, though they remained at more than 5%.
Persons: Blair Gable, , Steve Scherer, David Ljunggren Organizations: OTTAWA, Bank of Canada, REUTERS, ” Bank of Canada, of Canada, Consumers, “ Firms, Reuters Locations: Ottawa , Ontario, Canada, Reuters Ottawa
Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 13 (Reuters) - Bank of Canada Governor Tiff Macklem on Friday said the economy is not heading for a "serious recession" and that he is looking for a clear sign underlying inflation is easing ahead of a rate decision on Oct 25. "We're not going to be forecasting a serious recession," Macklem told reporters in a call from Marrakech, Morocco, where he was attending an IMF meeting. Macklem said the bank would be weighing whether to let previous rate hikes work through the economy or raise rates again to counter sticky inflation. "What we're looking for are clear signs that core inflation, underlying inflation, those pressures are easing and inflation is going to be coming down," Macklem said.
Persons: Blair Gable, We're, Macklem, Steve Scherer, David Ljunggren Organizations: Bank of Canada, REUTERS, Rights OTTAWA, Reuters, Thomson Locations: Ottawa , Ontario, Canada, Marrakech, Morocco, Reuters Ottawa
REUTERS/Mike Segar/File Acquire Licensing Rights Read moreSept 23 (Reuters) - Canadian Prime Minister Justin Trudeau expects interest rates are going to start coming down by the middle of next year, in-line with recent Reuters poll estimates, though the latest economic data has turned the central bank more hawkish. We think interest rates are going to start coming down probably middle of next year," Trudeau told the New York Times in an interview just before returning to Canada after attending the United Nations General Assembly. Trudeau's popularity as measured by opinion polls has dropped as Canadians deal with a cost-of-living crisis, sparked by the central bank's record pace of interest rate increases to tame inflation. Trudeau has waded into a sensitive monetary policy debate and past comments on interest rates by his government and other provincial politicians have raised questions about the independence of the central bank. Reporting by David Ljunggren in Ottawa Writing by Denny Thomas, Editing by Franklin PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Justin Trudeau, Mike Segar, Trudeau, Macklem, Chrystia Freeland, Pierre Poilievre, David Ljunggren, Denny Thomas, Franklin Paul Organizations: Canadian, REUTERS, New York Times, United Nations General Assembly, Bank of Canada, BoC, U.S . Federal Reserve, Finance, Minister's, Conservative Party Leader, Franklin Paul Our, Thomson Locations: New York, U.S, Canada, Ottawa
The Canadian central bank had expected productivity, or output per hour worked, to improve as the economy recovered from the COVID-19 pandemic. Instead, it has fallen in eleven of the last 12 quarters, taking it back to its 2016 level. It also stands to add to unit labor costs, a key measure of inflation pressures coming from higher wages. "Our own forecast is that productivity growth will turn around, but that is a risk to the outlook and if productivity growth continues declining it will make it more difficult to get inflation back to target," Macklem said. The central bank has forecast that inflation will return to its 2% target in the middle of 2025.
Persons: Macklem, Derek Holt, tightens, Holt, Dennis Darby, Doug Porter, Fergal Smith, Steve Scherer, Deepa Babington Organizations: Bank of Canada, Reuters Graphics Reuters, BoC, Scotiabank, Federal Reserve, Canadian Manufacturers, Fraser Institute, BMO Capital Markets, Thomson Locations: Canadian, Canada, freefall, United States, Toronto, Ottawa
A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. The Bank of Canada (BoC) kept its key rate at 5% on Sept 6, noting the economy had entered a period of weaker growth, but said it could hike again should price pressures persist. The hawkish tone struck by the BoC since the latest rate decision was intentional, according to the minutes, or summary of deliberations, of the six Governing Council members. They "considered the possibility that their decision could be misinterpreted as a sign that policy tightening had ended and that lower interest rates would follow," the summary read. It continued: "They agreed that they did not want to raise expectations of a near-term reduction in interest rates, given that they only considered keeping the policy rate where it is or raising it further."
Persons: Chris Wattie, Steve Scherer, David Ljunggren OTTAWA, Sharon Kozicki, David Ljunggren Organizations: Bank of Canada, REUTERS, The Bank of Canada, BoC, Reuters, Thomson Locations: Ottawa , Ontario, Canada, Reuters Ottawa
Two of the three core inflation measures also rose. The annual rate, the highest since the 4.4% reported in April, is double the Bank of Canada's 2% target. "Underlying inflation is still well above the level that would be consistent with achieving our target of 2% CPI inflation," she said. Money markets raised bets for a rate hike in October after the data, seeing a 42% chance of an increase after the price figures compared with 23% before. However, another inflation report and a bevy of other data are due out before the Canadian central bank next meets on Oct 25 to set the key overnight rate.
Persons: Derek Holt, Holt, Sharon Kozicki, Jimmy Jean, Justin Trudeau's, Andrew Grantham, David Ljunggren, Steve Scherer, Dale Smith, Fergal Smith, Divya Rajogopal, Paul Simao, Mark Porter Organizations: Reuters, Statistics, Bank of Canada's, Scotiabank, Bank of, Bank of Canada, Canadian, Desjardins Group, CIBC Capital Markets, Tiff, Thomson Locations: OTTAWA, Statistics Canada, Canadian
A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo Acquire Licensing RightsBy Steve Scherer and David LjunggrenOTTAWA, Sept 19 (Reuters) - The Bank of Canada on Tuesday said recent volatility in headline inflation is not unusual but the underlying trend shown by core measures was inconsistent with bringing inflation down to the 2% target. "(They) are one reason why we look at measures of core inflation - which exclude components with more volatile price movements - to get a sense of what underlying inflation is." One of those core measures, CPI-trim - which leaves out spiking mortgage interest costs - has been between 3.5%-4% in recent months. "Underlying inflation is still well above the level that would be consistent with achieving our target of 2% CPI inflation," Kozicki said.
Persons: Chris Wattie, Steve Scherer, David Ljunggren OTTAWA, Sharon Kozicki, Kozicki, Macklem, David Ljunggren Organizations: Bank of Canada, REUTERS, University of Regina, Reuters, Thomson Locations: Ottawa , Ontario, Canada, Saskatchewan, Reuters Ottawa
Netflix has acquired Richard Linklater's “Hit Man,” starring Glen Powell, for $20 million. “Hit Man,” which Linklater and Powell co-wrote, stars the “Top Gun: Maverick” actor as a New Orleans psychology professor who also works undercover posing as a hit man for the police in sting operations to catch would-be murders. Netflix didn't announce release plans yet for “Hit Man,” which also played at the Venice Film Festival. But the “Hit Man” sale is the largest yet of the season. Netflix, which also distributed Linklater's previous movie, “Apollo 10 1/2,” earlier acquired Anna Kendrick’s directorial debut, “Woman of the Hour,” following its premiere in Toronto.
Persons: Richard Linklater's “, Glen Powell, Linklater, Powell, Netflix didn't, Adria Arjona, Skip Hollandsworth, Gary Johnson, you’ve, , , , It's, Anna Kendrick’s Organizations: Toronto, Netflix, Venice Film, WGA, Locations: New Orleans, Venice, Toronto, Hollywood
Cord Jefferson's “American Fiction,” a biting satire starring Jeffrey Wright as a disillusioned academic, has won the People's Choice Award at the Toronto International Film Festival, a much-watched bellwether in the Oscar race. Toronto's audience award winner, voted on by festival attendees, has historically nearly always signified a best-picture contender at the Academy Awards. Why is this the only thing we have to offer to culture?”The Toronto International Film Festival, which wraps Sunday, was diminished this year due to the ongoing actors and writers strikes. Red-carpet premieres were mostly without movie stars, detracting from some of the buzz that the largest film festival in North American typically generates. Dressup: The Magic of Make-Believe” and the midnight madness award went to Larry Charles' “Dicks: The Musical."
Persons: Cord Jefferson's, Jeffrey Wright, Jefferson, Percival Everett’s, , Peter Farrelly's, Steven Spielberg's “, , Alexander Payne's “, Paul Giamatti, Hayao Miyazaki's, Sterling K, Brown, Issa Rae, Tracee Ellis Ross, Black, Yorgos, Robert McCallum’s “, Larry Charles, Tarsem Singh Dhandwar's, Meredith Hama, Jeffrey Wright’s, Jake Coyle Organizations: Toronto, Academy, MGM, Venice Film, Lion, FIPRESCI, Twitter Locations: North, Venice
TORONTO (AP) — Three generations of a Ukrainian family sit in a van in the documentary “In the Rearview.” They stare straightforward, staggered by all they’ve left behind. “I come from an aristocratic family,” one woman says in the film. The biggest battleground isn’t just a war zone but the home. In recent years, Canada has reckoned with its past treatment of Indigenous people, including heinous sterilization programs and forced-schooling systems. “Coming to New Zealand, being Māori, we don’t see enough of ourselves on screen,” Waititi said.
Persons: , , Maciek Hamela’s van, Um Tae, Lee Byung, Ly’s, ” Ly, Oscar, Les, Alexis Manenti, Cameron Bailey, Waititi, ” Waititi, ” Hollywood’s, ” Andrew Haigh’s “, , Cord, Jeffrey Wright, Hayao, Miyazaki, Alexander Payne’s “, Paul Giamatti, Da’Vine Joy Randolph, Dominic Sessa —, Agnieszka Holland’s “, Raoul Peck’s “, James Baldwin, , Melvin, Peck, William Tecumseh Sherman, Garrison Frazier, Jonathan Glazer, Rudolf Höss, Christian Friedel, Hedwig, Sandra Hüller, Glazer, Nikolaj Arcel’s “, Mads Mikkelsen, Jonathan Demme’s, David Byrne, Jake Coyle Organizations: TORONTO, Toronto, America Samoa soccer team, , Twitter Locations: Ukraine, Seoul, South Korea, Paris, Batiment, France, Canada, America, New Zealand, ” Toronto, Venice, New England, Belarus, Poland, Haitian, North Carolina, Georgia, Auschwitz, Denmark, Jutland Heath
Crunch time after string of aggressive central bank rate hikes
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +5 min
Major central banks have confounded economists with a string of interest rate rises that, so far, have moderated inflation without causing global recession. So far, nine developed economies have raised rates by a combined 3,915 bps in this cycle. Reuters Graphics2) NEW ZEALANDThe Reserve Bank of New Zealand lifted its cash rate to a 14-year high of 5.5% in May and has kept it there since. Reuters Graphics7) AUSTRALIAThe Reserve Bank of Australia kept rates steady at 4.1% for a third consecutive meeting in September, the last under former Governor Philip Lowe. Reuters Graphics10) JAPANThe Bank of Japan, the world's most dovish major central bank, meets next week.
Persons: BoE, Macklem, Philip Lowe, Lowe's, Michele Bullock, Naomi Rovnick, Harry Robertson, Samuel Indyk, Nell Mackenzie, Alun John, Yoruk Bahceli, Chiara Elisei, Vincent Flasseur, Sumanta Sen, Pasit, Dhara Ranasinghe, Sharon Singleton Organizations: European Central Bank, U.S . Federal Reserve, UNITED, Reuters, Federal Reserve, Reserve Bank of, BRITAIN, of England, CANADA Bank of Canada, Bank of Canada, ECB, Norges Bank, SWEDEN Traders, Swiss, Bank of Japan, Thomson Locations: U.S, Japan, Reserve Bank of New Zealand, NORWAY, Reserve Bank of Australia, SWEDEN, Swedish, SWITZERLAND Swiss, JAPAN
Cast members Jessica Chastain and Peter Sarsgaard, Director Michel Franco attend the North American premiere of "Memory" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 12, 2023. REUTERS/Carlos Osorio Acquire Licensing RightsTORONTO Sept 12 (Reuters) - Actors Jessica Chastain and Peter Sarsgaard brought Hollywood glamour to the Toronto International Film Festival for their family drama “Memory” amid strikes that have kept most celebrities off the carpets. Sarsgaard joins the North American premiere of the film after taking the prize for best actor at the Venice Film Festival, which marks the start of the awards season and regularly throws up big favourites for the Oscars. For Sarsgaard, who plays a man with early-onset dementia named Saul, the film is about connection and working through trauma. “There is a way out of trauma through love,” said Chastain, and she hopes this film helps the audience realize that in their own lives.
Persons: Jessica Chastain, Peter Sarsgaard, Michel Franco, Carlos Osorio, , Sarsgaard, Sylvia, , Saul, Chastain, Jenna Zucker, Miral Organizations: North, Toronto, Film, REUTERS, Screen Actors Guild, American Federation of Television, Radio Artists, Venice Film, Thomson Locations: Toronto , Ontario, Canada, Venice
Just ask Ethan Hawke, who ended up traveling on a Greyhound bus to theToronto International Film Festival (TIFF) after flights were canceled. The actor told People that he had to pivot in order to make it to the premiere of his new film, “Wildcat.”“Three flights canceled, then I was like, ‘I’m not gonna miss this because of some airport,’” he said. “So, I went to port authority and hopped the bus.”It sounds like Hawke, who made the trek with his wife and producing partner, spent his travel time well. “I just read my book and disappeared in the back and prayed that we made it,” Hawke added that no one really noticed him until they made it to customs. As for how his fellow passengers responded to having a celebrity on board, Hawke quipped, “Man, nobody cares about anybody else on the bus.”
Persons: Ethan Hawke, , I’m, Hawke, ” Hawke Organizations: CNN, Greyhound
Polish filmmaker Maciek Hamela speaks to Reuters about his new documentary "In the Rearview", in Toronto, Ontario, Canada, September 11, 2023. REUTERS/Dennis Porter Acquire Licensing RightsSept 12 (Reuters) - Days after Russia launched its war on Ukraine, Polish filmmaker Maciek Hamela left his home in Warsaw, bought a van, and began transporting evacuees to safety. Hosting its North American premiere at the Toronto International Film Festival on Tuesday, Hamela hopes the audience can put themselves in the refugees’ shoes. “Many of these people, especially in the first weeks of the war, they just wanted to get out,” Hamela said. “I'd like people to come and see this film not just because it's about the war in Ukraine,” Hamela said.
Persons: Maciek Hamela, Dennis Porter, Hamela, , ” Hamela, , We’ll, , Jenna Zucker, David Gregorio Our Organizations: Reuters, REUTERS, Russia, American, Toronto, UNHCR, , Thomson Locations: Toronto , Ontario, Canada, Ukraine, Polish, Warsaw, Europe
TORONTO (AP) — Louis C.K. Now, a new documentary premiering in Toronto, where C.K.’s downfall began, is delving into one of most debated #MeToo cases. “In the early years, the advice I was given was: Don’t make this movie,” says Suh, who directed the Barack Obama-narrated docuseries “Working: What We Do All Day.”Suh, herself, was a big fan of Louis C.K. In his 2020 self-distributed special “Sincerely Louis C.K,” he began by asking the crowd about their last few years. “It feels like every time there’s a news event, it’s like: ‘#MeToo is failing’ or ‘#MeToo is succeeding,’” says Lingo.
Persons: — Louis C.K, , Caroline Suh, Cara Mones, , Suh, Barack Obama, ” Suh, Louis C.K, didn’t, Harvey Weinstein, Bill Cosby, , Abby Schachner, Kathleen Lingo, Jen Kirkman, Megan Koester, Michael Schur, Noam Dworman, it’s, isn’t, ‘ Woo, It’s, MeToo, ’ ”, “ It’s, We’re, Jake Coyle Organizations: TORONTO, Toronto, Film, New York Times, Times, Greenwich Entertainment, C.K, Twitter Locations: Toronto, Madison, C.K, “ Parks
[1/3] Director Ethan Hawke poses during the international premiere of "Wildcat" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 11, 2023. Born in 1925, O’Connor was a highly regarded fiction writer in the Southern Gothic style. In “Wildcat,” which had its international premiere at the Toronto International Film Festival (TIFF), Hawke pulls from the author’s fiction to tell her story. He and his daughter Maya Hawke, the film's star, wanted to showcase O’Connor’s ability to capture the human condition in prose. “I used her own writing to tell the story.”O’Connor’s writing won several literary awards, and she was featured on a postage stamp in 2015.
Persons: Ethan Hawke, Carlos Osorio, Flannery O’Connor, O’Connor, Hawke, Maya Hawke, ” Hawke, , Maye Hawke, , ” Maya Hawke, Laura Linney, Regina, O'Connor, “ She’s, ” Linney, Jenna Zucker, David Gregorio Our Organizations: Toronto, Film, REUTERS, Rights, Loyola University of Maryland, ‘ Loyola University of Maryland, The University of Maryland, Thomson Locations: Toronto , Ontario, Canada, American
[1/2] Executive Producer Elliot Page poses during the presentation of "Backspot" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 8, 2023. REUTERS/Mark Blinch Acquire Licensing RightsTORONTO, Sept 10 (Reuters) - Canadian actor Elliot Page hopes that his role in the new film "Close to You" moves people and cracks open the hearts and minds of viewers as it did for him. The film, which in part parallels Page's life, is co-written by Page and Dominic Savage who also directed the film. Page, who received an Oscar nomination for his role in "Juno" (2007), was assigned as female at birth and came out as transgender in 2020. "So much of this movie is about connections, what it means to be human, and what it means to feel seen.
Persons: Elliot Page, Mark Blinch, Sam, Page, Dominic Savage, Savage, Hillary Baack, Katherine, Baack, Divya Rajagopal, Diane Craft Organizations: Toronto, Film, REUTERS, Rights, Toronto Film, Reuters, Thomson Locations: Toronto , Ontario, Canada
TORONTO (AP) — After a three-and-a-half-hour documentary on his life, Paul Simon had only sympathy for the audience. The 81-year-old Simon, himself, hadn't watched the film before its debut, and he didn't watch it Sunday, either. “In Restless Dreams,” which takes its name from a lyric in “The Sound of Silence” ("In restless dreams I walked alone"), also intimately captures Simon painstakingly assembling his latest album, “Seven Psalms," which was released in May. “I haven’t accepted it entirely, but I’m beginning to,” Simon told the audience of his hearing loss in a post-screening Q&A. “Having the truth about me depicted by an observer is very interesting to me," Simon said.
Persons: Paul Simon, Simon, hadn't, , , Art Garfunkel, ” Simon, Gibney, “ Sinatra, ” “, Jake Coyle Organizations: TORONTO, South, , Twitter Locations: Queens , New York, Wimberly , Texas
TORONTO (AP) — The premiere of the documentary “Lil Nas X: Long Live Montero” was delayed after a bomb threat was called in at the Toronto International Film Festival. The Saturday night premiere of the film at Toronto's Roy Thomson Hall was delayed by about 20 minutes while authorities verified that the threat wasn't credible. Lil Nas X was kept off the red carpet during that time. Judy Lung, vice president of public affairs and communications for TIFF, said in a statement that Toronto police investigated the vicinity of the red carpet ahead of the screening. “Our standard security measures remained in place during this time and the screening commenced with a slight delay,” Lung said.
Persons: Lil Nas, Montero ”, Roy Thomson Hall, Nas X, Judy Lung, ” Lung, , ” “, Montero, , Carlos López Estrada, Zac Manuel, “ Montero Organizations: TORONTO, Toronto
While Woody Allen's film may be a reference point to “American Fiction,” direct comparisons are harder to come by for such a breezy but biting commentary. Directing a film, Jefferson says, wasn't necessarily a lifelong ambition. That “American Fiction” is hard to categorize, he says, might mean he's on the right track. “This being my first movie, I’m eager to find what my voice is,” Jefferson says. ___Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP
Persons: Percival Everett's, Cord Jefferson, Jeffrey Wright, “ Monk ” Ellison, Cord Jefferson —, , ” —, Jefferson, Monk, Wright, John Ortiz, Aeschylus ’ “, , ” Monk, Stagg R, Leigh, ” Jefferson, Black, Jack City, Annie Hall, Woody, Tracee Ellis Ross, Sterling K, Brown, Erika Alexander, Issa Rae, “ There’s, Larry Wilmore ”, Damon Lindelof, hadn't, , Jake Coyle Organizations: TORONTO, Toronto, Gawker, MGM, Twitter Locations: Jack, , Tucson , Arizona, Tulsa
CNN —Lil Nas X’s Toronto International Film Festival premiere for his documentary “Lil Nas X: Long Live Montero” was delayed Saturday while police investigated a threat in the area, officials confirmed to CNN on Sunday. “Yesterday, at the TIFF, a passerby uttered a threat towards private security. Out of an abundance of caution, the Toronto Police and the private security swept the scene and cleared within 20 minutes. To our knowledge, this was a general threat and not directed at the film or the artist,” the statement continued. Directed by Carlos López Estrada and Zac Manuel, “Lil Nas X: Long Live Montero” features footage of Lil Nas X “as he navigated the whirlwind of fame, creativity, and growing responsibility that came with his meteoric success,” according to an official synopsis.
Persons: Lil Nas, Montero ”, ” Victor Kwong, Alejandra Sosa, , Montero, Roy Thomson, Carlos López Estrada, Zac Manuel, “ Lil Nas, who’ve, Organizations: CNN, Toronto Police, Media, Toronto Police Service
Canada created 39,900 jobs, Statistics Canada said, compared with a median forecast for a gain of 15,000. The labor market has been resilient even as the Bank of Canada (BoC) raised its key overnight rate 10 times since March 2022 to cool the economy. Money markets see a 44% chance of another BoC rate hike by year-end, up from 36% before the data were published. "This report alone won't make the Bank of Canada regret holding rates steady earlier this week. Derek Holt, vice president of capital markets economics at Scotiabank, noted a gain of 49,500 people in self-employed jobs.
Persons: Carlos Osorio, Andrew Kelvin, Royce Mendes, Derek Holt, Dale Smith, Fergal Smith, Andrea Ricci, Nick Macfie Organizations: Queen, West, REUTERS, Rights, Statistics, Bank of Canada, BoC, TD Securities, Desjardins Group, Canadian, Scotiabank, Thomson Locations: Toronto Ontario, Canada, Statistics Canada, Canadian, Ottawa, Toronto
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