THE GLOBE AND MAIL
** The Bank of Canada is prepared to support the financial system if the
banking-sector turmoil in the United States spills across the border and hits
Canadian banks and markets, deputy governor Toni Gravelle said.
** The federal government's decision to tap the Public Sector Pension Investment Board to run its $15-billion Canada Growth Fund provides a reliable shortcut to get the program up and running, but also raises thorny questions around governance and independence. (Compiled by Bengaluru newsroom)