Asian stocks extend rally as Singapore policy move hits currency + MORE Apr 14th

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In the wake of tragic circumstances in Attawapiskat—where a spate of suicides has triggered the sixth state of emergency for the small community on James Bay in the last decade—the House of Commons agreed to hold an emergency debate on Tuesday night. For six hours, MPs spoke of a united front, offering their thoughts to the community of Attawapiskat and discussing potential solutions to the ongoing crisis.
Read the full debate, taken from Hansard transcriptions, of the discussion below. You can also click below for a few highlights from the conversation.
“I want to acknowledge that, clearly, we have not done enough”: Comments from Health Minister Jane Philpott
“They need to know there is hope”: Comments from Indigenous and Northern Affairs Minister Carolyn Bennett
“A relationship based on recognition is transformative”: Comments from Justice Minister Jody Wilson-Raybould
“I believe everyone’s heart is in the right place”: Opposition Indigenous critic Cathy McLeod
“In looking for a solution, there is no lack of precedents in our history”: NDP MP Romeo Saganash
“Today, so many years later, I still bear the guilt”: A tearful appeal from Conservative MP Todd Doherty
“What I am hearing is a lot of claptrap”: A heated exchange between MPs Rachael Harder, Robert Falcon-Ouellette and Charlie Angus over Indigenous investment
Read more: Why award-winning author Joseph Boyden believes education is urgently needed
Read more: Scott Gilmore on the unasked questions from the debate

The Assistant Deputy Speaker (Mr…

The global stock rally intensified in Asia as Singapore unexpectedly eased monetary policy, helping stoke confidence in the ability of central banks to manage a global slowdown and damping demand for haven assets

SHANGHAI – Australian Prime Minister Malcolm Turnbull hailed trade ties with China but skirted sensitive political issues Thursday, on the first day of an official visit to his country’s key trade partner.
In a speech to business leaders in the financial hub of Shanghai, Turnbull praised a bilateral free trade agreement signed last year as offering important new opportunities for Australian exporters.
China absorbs about one-third of Australia’s exports, but China’s slowing demand for iron ore, coal and other resources has taken a major toll on Australia’s economy. Two-way trade between them totalled 150 billion Australian dollars ($115 billion) in the last financial year, down 6.3 per cent.
While that dealt a massive shock to Australian trade, the country is now “most of the way through” the crisis and looking for new opportunities in China’s efforts to stimulate personal consumption among its citizens, Turnbull said.
“It is with these objectives in mind that we embrace all of the extraordinary opportunities presented by China’s own economic transition toward a more consumption-driven economy,” Turnbull said, according to a copy of the speech provided by his office…

MONTREAL – Cogeco Communications Inc. (TSX:CCA) is reporting a profit of $62 million for the second quarter that ended Feb. 29.
That was up from $58.9 million in the same quarter a year ago.
Revenue was $551.5 million, up from 509.4 million in the year-ago quarter.
Cogeco said the increase in revenue was mainly driven by 36.9 per cent growth in its American broadband services segment.
The company says a quarterly dividend of $0.39 per share was paid to the holders of subordinate and multiple voting shares, up from $0.35 per share paid in the second quarter of fiscal 2015.
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Slumping Chinese economy, stock market seen as causes for growing interest in safe-haven properties in cities such as Vancouver