News of the day: Interest rates, expert reaction, airline trickery, convenience stores, choppy investments and more

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Tiff MacklemBank of Canada governor Tiff Macklem. Photo by Postmedia

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It’s Wednesday, March 18. Here are the top stories we’re following today.

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Bank of Canada holds interest rate at 2.25% amid ‘acute’ uncertainty

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The Bank of Canada held its benchmark interest rate at 2.25 per cent Wednesday.

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The Bank of Canada building in Ottawa. The Bank of Canada building in Ottawa. Photo by HYUNGCHEOL PARK/Postmedia files

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Bank of Canada in a ‘tough spot’ as higher oil prices, weakening economy pull it in opposing directions

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The Bank of Canada is in a ‘tough spot’ as higher oil prices and a weakening economy pull it in opposing directions, economists say.

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Calm male tourist is standing in airport and looking at aircraft flight through window. He is holding tickets and suitcase. Sunset Never do any favours for an airline, unless you want to feel scammed, cheated and treated like a patsy, writes Ted Rechtshaffen. Photo by Yacobchuk Olena/Getty Images

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Beware of airline trickery on oversold flight credits as you can’t always get what you want

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“Let me tell you a story about a bad airline experience,” writes Ted Rechtshaffen. “Maybe you can relate directly as, unfortunately, I think many of you can.”

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A Couche-tard sign is seen in Montreal, Quebec on January 13, 2021. Alimentation Couche-Tard Inc. attributes the revenue growth mainly to the impact of translating European operations into U.S. dollars. Photo by ERIC THOMAS/AFP via Getty Images

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Alimentation Couche-Tard calls results one of its best performances in more than two years

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Alimentation Couche-Tard Inc. called its third-quarter earnings results one of its best quarterly performances in over two years.

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Over time, markets have performed exceptionally well, despite all the problems that seem to continually haunt the headlines. There is a payoff at the end of all the problems. The same is true in sailing. Over time, markets have performed exceptionally well, despite all the problems that seem to continually haunt the headlines. There is a payoff at the end of all the problems. The same is true in sailing, writes Peter Hodson. Photo by Getty Images

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How to invest like you’re on a boat to ride out the choppiness and sail through market corrections

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When we hit big waves even my captain looked green. But with experienced strategies, we got to our destination, says Peter Hodson.

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