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.
Painting Honours Kristen French
Jennifer Elliotson's painting at Niagara Falls city hall
Keeping Douglas Memorial Public is Goal: Mayor
Fort Erie Mayor Wayne Redekop says it's about convincing the province to help with the centre
Tourism Awards Received in Niagara
St. Catharines and Lincoln partnered on tourism initiatives, and were recognized with provincial award
Man Charged with Defrauding Senior
Police say Welland residents stepped in, called police
Belugas at Marineland Holding....
Animal rights group says government is waiting on health reports before moving them
NDP Leader Stops in Niagara
Marit Stiles to talk about the region's health care, including Welland long-term care home
Region Finds Potential Budget Savings
The Chair reviewed the budget again, could be cutting over $3-million
Man Killed in Tent Fire
Police were called to Mountain Locks Park