Rate to increase 50 basis points
As expected, The Bank of Canada has increased its key overnight rate another half a percentage point to 1.5 per cent.
The move comes as the bank tries to control inflation which has soared to 6.8 per cent in two months.
The next scheduled date for announcing the overnight rate target is July 13.
NRP Find Missing Seniors
They say Richard and Sandra Koth have been found safe
Chippawa Park Undergoing Rejuvenation
City of Welland tearing out old cedar trees, replacing with improvements to area
Mayor Aims to Teach Kids Politics
Jim Diodati says it's important to teach kids about the system, while making it interesting
Man Charged After Accidental Shooting
NRP say a gun misfired at a Grimsby home over the weekend, he received non life-threatening injuries
NRP Looking for Vandalism Suspects
Police say number of vehicles, homes were spray painted in Welland
Pelham Weighs Hydro Line Burial Options
One idea is to bury lines along Highway 20, starting in 2034, another is to partially bury them
Niagara Region Concludes Toronto Meetings
Regional officials met with provincial politicians to discuss Niagara issues
Gates Calling for MRI Wait Time Reduction
He says the current wait of 306 days is nearly double that of a year ago, and it's getting worse