rate hikes

• Freeland defends budget after Scotiabank accuses feds of ‘doing nothing’ on inflation

  One of Canada's biggest banks believes the Bank of Canada might not need to raise interest rates as high if the federal government limits its spending plans.

  Economy

  Jun 20
  
• Cost of N.B. real estate unlikely to drop despite rate hikes: economist

  New home owner Christophe Goulet-LeBlanc said he felt pressured to buy his Dieppe house in 2021 due to the unpredictability of the real estate market.

  Canada

  Jun 1
  
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• Aggressive tone from central banks sends TSX to biggest 2-day drop since 2020

  A more aggressive tone about interest rate hikes from central banks in Canada and the U.S. sent North American stock markets sharply lower for a second day in a row.

  Economy

  Apr 22
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• Bank of Canada due for ‘oversized’ 50-basis-point interest rate hike: economist

  The Conference Board of Canada's Pedro Antunes says the economic forecast has never been harder to predict as the central bank gears up for an expected rate hike Wednesday.

  Economy

  Apr 12
• Electricity bills set to go up in the new year: Manitoba Hydro

  The Public Utilities Board (PUB) approved Manitoba Hydro's request to raise rates, granting it a 3.6 per cent interim increase for the majority of 2022.

  Economy

  Dec 24, 2021
• Manitoba Hydro seeks higher interim rates to reduce capital project debt

  The Crown corporation says the revenue is needed to help it deal with ongoing debt from recent capital projects, as well as this year's drought.

  Economy

  Nov 16, 2021
• Manitoba Hydro to hike rates by 3.6 per cent next month

  Manitoba Hydro customers will see their electricity rates going up come June 1 this year after the PUB approved a 3.6 per cent rate hike.

  May 1, 2018
• Potential Manitoba Hydro hikes aren’t popular among customers

  The overwhelming consensus from Manitoba Hydro users is that the proposed annual 7.9 per cent rate hike is too much.

  Jan 5, 2018
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• Hydro hikes face opposition as hearings begin

  Hearings began Monday into Manitoba Hydro's request for consecutive annual rate hikes of 7.9 per cent.  The crown corporation is asking for the steep hikes to commence April 1, 2018.

  Economy

  Dec 4, 2017
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• Baldrey: ICBC shoots down critics over fiscal crisis controversy

  The public auto insurance corporation is refuting its critics who portray it as being in a fiscal crisis, and it insists that while these are challenging times in the industry, the situation is far from bleak.

  Blogs

  Mar 8, 2017