Bank of Canada Calls Productivity Emergency as Ships Collide, Ontario Deficit Triples, Home Trust Merges, Stocks Fall

Bank of Canada official says improving Canada's weak productivity growth has reached "emergency" level
Cargo ship collision with bridge causes part of key Baltimore port to close, rerouting ships and trucks
Ontario forecasts budget deficit to triple in upcoming fiscal year as economic growth slows
Companies Home Trust and Fairstone Bank to merge, creating largest alternative lender in Canada
U.S. stocks fall for third day in a row ahead of key inflation data, awaiting signals on Fed policy path