Wed 17 Jul 2019 | 5:18 EDT

Bank of Canada to take over administration of reference rate for swaps Tuesday, 16 Jul 2019

TORONTO (Reuters) - The Bank of Canada announced on Tuesday its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a reference rate for financial market transactions, when enhancements to CORRA take effect next year.  Full Article

Canadian Pacific beats on higher crude shipments, cost control Tuesday, 16 Jul 2019 

(Reuters) - Canadian Pacific Railway reported a better-than-expected adjusted quarterly profit on Tuesday, as the country's second-largest railroad operator controlled costs and earned more from moving crude, chemicals as well as plastics.  Full Article