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.
Drugs Found in Niagara Falls Traffic Stop
18-year old pulled over for speeding
$10-Million Lottery Ticket Sold in Niagara
The Ontario Lottery and Gaming Corporation says it was sold for yesterday's draw of Lotto Max
Charges Laid in Crash that Killed Woman
The rollover crash happened on Highway 406 in 2025, passenger was ejected, driver charged
City Invests into Flood Relief
St. Catharines city councillors supporting $20-million for Emergency Flood Alleviation program
Police Looking for this Man, After Indecent Act
They say it happened in Fort Erie store
Drugs/Weapons Found in Traffic Stop
No signal and incorrect plates lead to drugs
NRP Want Help After Horses Hurt
It was just over a year ago a number of horses were injured at a boarding farm in Welland
Niagara Families Connected to Doctor
People waiting a long time cleared from waitlist