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.

Oxford County Releases Survey Results
Cheese and Cheers Coming to Woodstock
PJHL Preview - Oct 30th to Nov 1st
Navy Vets Preview - Nov 1st
Daylight Saving Time Ends Sunday
Halloween Safety Tips from WPS
Patrick Stewart Dead at 86
SWOX Crash Results in Minor Injuries
UPDATE: Deceased Identified in Homicide Investigation
Interview with the Warden - October 29th, 2026
News Poll: Oxford County Municipal Election Results
Milwaukee Brewers Win the World Series
Great Pumpkin Rescue Returns for 2026
Oxford County Continues Watermain Flushing
Poppy Campaign Underway in Oxford
Norfolk OPP Briefs - October 28th, 2026
Increased Voter Turnout in Woodstock
Tip Tuesday with the Oxford OPP - October 2026
Acchione Re-elected as Woodstock Mayor
Comments
Add a comment