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Andy Blatchford

Bank leaves interest rate untouched

OTTAWA—The Bank of Canada left its trend-setting interest rate untouched yesterday as fresh economic developments, including the sharp drop in oil prices, threatened to delay future hikes.

The central bank's decision maintained its trend-setting rate at 1.75 percent.

It followed a quarter-point increase at the bank's previous policy meeting in October.

Coalition party wins majority in Quebec

MONTREAL—Quebecers charted a new course for their province yesterday by giving the seven-year-old Coalition Avenir Quebec a majority mandate in an election result that could create waves beyond its borders.

Quebec, Canada's second most-populous province, has joined the even bigger province of Ontario in voting for change following about 15 years of Liberal governments.