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The Canadian Press

Ontario calls for equalization overhaul

OTTAWA—For the first time in a decade, Ontario will not receive an equalization transfer from Ottawa, prompting the province's finance minister to join calls for the federal government to review how the program is set up.

Canada's finance ministers are in Ottawa for the second of their two yearly meetings, which started with a working dinner at an Ottawa hotel last night.

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.

Mandatory high heels banned

EDMONTON—Alberta has taken steps to ban employers from requiring people to wear high heels at work.

Labour minister Christina Gray said the province is amending the occupational health and safety code that currently allows employers to make high heels mandatory.

“Our government has the back of every worker and today we are also looking out for your feet,” Gray said Friday.