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Andy Blatchford

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.

Central bank hikes interest rate

OTTAWA—The economy's impressive run has prompted another interest-rate hike from the Bank of Canada—but looking ahead, it warned of the broadening negative impact of NAFTA's uncertain future.

The central bank pointed to unexpectedly solid economic numbers as key drivers behind its decision yesterday to hike the trend-setting rate to 1.25 percent, up from one percent.