Rate Hike

• Montrealers feeling the squeeze as interest rate rises, again

  Montrealers are feeling the pinch as the Bank of Canada decided to hike its benchmark interest rate for the 10th time since March 2022.

  Canada

  Jul 12, 2023
  
• Another rate hike may be looming and Canadians worry they can’t keep up

  Ipsos polling shows 71 per cent of Canadians are worried they can't keep up with the pace of rising interest rates as debt-servicing costs mount.

  Money

  Jul 11, 2023
  
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• Why did the Bank of Canada hike rates? Here’s what ‘tipped the balance’

  Bank of Canada deputy governor Paul Beaudry says recent economic data suggests the risk of sticky inflation has gone up, prompting the latest interest rate hike.

  Economy

  Jun 8, 2023
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• Fortis electricity rates set to rise in new year

  Fortis said that for a residential electric customer with an average use of approximately 1,100 kilowatt hours per month of electricity, it will cost about $7.62 more per month.

  Economy

  Dec 7, 2022
• SaskEnergy seeks public opinion on proposed rate hike

  The Saskatchewan Rate Review Panel is seeking input from stakeholders and the public on a proposed SaskEnergy rate hike. 

  Economy

  Oct 11, 2022
• U.S. Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years

  The U.S. Federal Reserve delivered a 75-basis-point interest rate hike on Wednesday, the largest such increase in 28 years amid rampant inflation.

  Economy

  Jun 15, 2022
• Coronavirus: NB Power requests rate application delay, commits to no disconnections

  NB Power has sought to provide clarity to its customers in the face of the novel coronavirus pandemic. 

  Canada

  Mar 24, 2020
• Natural gas prices going up next month in Manitoba

  Starting May 1, natural gas rates are going up about 1 per cent, says the Public Utilities Board. 

  Consumer

  Apr 23, 2019
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• BC Hydro rate hike approved, bills to climb on April 1

  Rates will climb by 6.85 per cent, however, thanks to another change, customers will only see their bills rise by 1.76 per cent on April 1.

  Canada

  Mar 1, 2019
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• NB Power encourages energy conservation ahead of potential rate hike

  NB Power has filed a rate application that would see a 2.9 per cent rate increase for residential customers.

  Economy

  Jan 14, 2019