Bank of Canada Governor Tiff Macklem opened the door to increasing the pace of interest rate cuts, the Financial Times reported on Sunday.

Bank of Canada governor Tiff Macklem has opened the door to accelerating the pace of interest rate cuts, signalling policymakers could switch to jumbo 50 basis point moves should growth disappoint. The G7 economy grew by an annualised rate of 2.

The country that surprisingly took the lead in the global pivot of monetary policy was Canada. Despite its high degree of economic integration with the U.S., including geographical proximity, close trade relations,

The theft of an iconic Churchill portrait by Yousuf Karsh went unnoticed for months. But two years later, the police have tracked down the photograph.

Captured during Churchill's wartime visit to Ottawa in 1941, the picture is said to be one of the most recognizable in British Prime Ministerial history.

A famous portrait of former UK Prime Minister Winston Churchill nicknamed the "Roaring Lion," hung in the hotel. It was taken after the British wartime leader addressed the Canadian parliament in 1941 and also appears on the UK £5 banknote.