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Andy Blatchford

Unemployed youth face health risks: study

OTTAWA—A new study is offering what it calls a rare look at the health and psychological impacts endured by Canadian youth who are not working, training or studying.

The Statistics Canada research said 11.1 percent of youth, aged 18 to 29 years old, found themselves in this situation and, therefore, were at risk of persistent social and economic challenges.

Federal budget expected to have more wiggle room

OTTAWA—The improved economy is expected to give the Trudeau government more fiscal room than anticipated in next week's pre-election budget—but a wobbly economic finish to 2018 means conditions could look much different as the October vote approaches.

An abrupt deceleration in economic growth over the final three months of 2018 has dimmed the outlook for this year.

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.