‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%
Videos
-
‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%
03:01 | June 7, 2023
-
Global National: May
11
22:15 | May 11, 2024
-
‘I hope they’re proud’: B.C. woman leaves family behind to volunteer in Ukraine
02:12 | May 9, 2024
-
Prescription for plastic medical waste: How hospitals, medical suppliers are aiming to be greener
02:35 | May 9, 2024
-
RCMP not enforcing injunction at Alberta First Nation blockade
01:57 | May 9, 2024
-
Canada preparing more firefighters, technology ahead of wildfire season
02:09 | May 9, 2024
-
Boeing 737 skids off Senegal runway as another whistleblower steps forward
02:07 | May 9, 2024
-
Gaza crisis: Biden issues ultimatum to Israel over possible Rafah invasion
02:02 | May 9, 2024
-
Excitement builds as Canucks, Oilers face off in Stanley Cup playoffs
01:50 | May 8, 2024
-
Alberta is calling, but migration speed sparks affordability concerns
01:57 | May 8, 2024
-
Public service unions fight ‘ridiculous’ 3-day in-office mandate
02:09 | May 8, 2024
-
Jeremy Skibicki trial: Court hears accused serial killer’s confession to police
01:59 | May 8, 2024
-
Canadian man killed in Egypt
00:29 | May 8, 2024
-
Gaza crisis: U.S. pauses shipment of weapons to Israel
02:03 | May 8, 2024
-
Suspect in Nijjar killing got student visa in ‘days’
03:03 | May 8, 2024
-
Global National: May 8
21:45 | May 8, 2024
-
Sweet dreams: How Manitoba could boost Canada’s maple syrup industry
02:12 | May 7, 2024
-
Foreign interference bill welcomed but needs work, diaspora groups say
02:01 | May 7, 2024
-
Gaza crisis: Israel seizes Rafah crossing, launches assault
01:58 | May 7, 2024
-
Nijjar murder: Top Indian diplomat worries about Sikh activists in Canada
02:12 | May 7, 2024
-
Trump trial: Stormy Daniels’ graphic testimony at hush money trial
02:16 | May 7, 2024
-
Police investigate shooting at Drake’s Toronto mansion amid rapper’s beef with Kendrick Lamar
02:07 | May 7, 2024
-
Global National: May 7
22:06 | May 7, 2024
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?
02:45 | May 6, 2024
-
Boeing’s Starliner finally ready for launch to ISS
01:57 | May 6, 2024
-
Ottawa tables bill to counter foreign interference
01:53 | May 6, 2024
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism
02:05 | May 6, 2024
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms
02:24 | May 6, 2024
-
Winnipeg man admits to killing 4 Indigenous women
01:26 | May 6, 2024
-
Global National: May 6
22:06 | May 6, 2024
-
Pro-Palestinian campus protests spark historic comparisons to anti-Vietnam war movement
02:18 | May 2, 2024
-
Reality check on Canada’s efforts to curb carbon emissions
01:54 | May 2, 2024
-
‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%
03:01 | June 7, 2023
-
Global National: May
11
22:15 | May 11, 2024
-
‘I hope they’re proud’: B.C. woman leaves family behind to volunteer in Ukraine
02:12 | May 9, 2024
-
Prescription for plastic medical waste: How hospitals, medical suppliers are aiming to be greener
02:35 | May 9, 2024
-
RCMP not enforcing injunction at Alberta First Nation blockade
01:57 | May 9, 2024
-
Canada preparing more firefighters, technology ahead of wildfire season
02:09 | May 9, 2024
-
Boeing 737 skids off Senegal runway as another whistleblower steps forward
02:07 | May 9, 2024
-
Gaza crisis: Biden issues ultimatum to Israel over possible Rafah invasion
02:02 | May 9, 2024
-
Excitement builds as Canucks, Oilers face off in Stanley Cup playoffs
01:50 | May 8, 2024
-
Alberta is calling, but migration speed sparks affordability concerns
01:57 | May 8, 2024
-
Public service unions fight ‘ridiculous’ 3-day in-office mandate
02:09 | May 8, 2024
-
Jeremy Skibicki trial: Court hears accused serial killer’s confession to police
01:59 | May 8, 2024
-
Canadian man killed in Egypt
00:29 | May 8, 2024
-
Gaza crisis: U.S. pauses shipment of weapons to Israel
02:03 | May 8, 2024
-
Suspect in Nijjar killing got student visa in ‘days’
03:03 | May 8, 2024
-
Global National: May 8
21:45 | May 8, 2024
-
Sweet dreams: How Manitoba could boost Canada’s maple syrup industry
02:12 | May 7, 2024
-
Foreign interference bill welcomed but needs work, diaspora groups say
02:01 | May 7, 2024
-
Gaza crisis: Israel seizes Rafah crossing, launches assault
01:58 | May 7, 2024
-
Nijjar murder: Top Indian diplomat worries about Sikh activists in Canada
02:12 | May 7, 2024
-
Trump trial: Stormy Daniels’ graphic testimony at hush money trial
02:16 | May 7, 2024
-
Police investigate shooting at Drake’s Toronto mansion amid rapper’s beef with Kendrick Lamar
02:07 | May 7, 2024
-
Global National: May 7
22:06 | May 7, 2024
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?
02:45 | May 6, 2024
-
Boeing’s Starliner finally ready for launch to ISS
01:57 | May 6, 2024
-
Ottawa tables bill to counter foreign interference
01:53 | May 6, 2024
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism
02:05 | May 6, 2024
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms
02:24 | May 6, 2024
-
Winnipeg man admits to killing 4 Indigenous women
01:26 | May 6, 2024
-
Global National: May 6
22:06 | May 6, 2024
-
Pro-Palestinian campus protests spark historic comparisons to anti-Vietnam war movement
02:18 | May 2, 2024
-
Reality check on Canada’s efforts to curb carbon emissions
01:54 | May 2, 2024
‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%
Description
June 7, 2023
After a brief pause, the Bank of Canada has again raised its key interest rate, this time to 4.75 per cent, making the prospect of buying a home further out of reach for renters. As Mike Drolet explains, both the central bank and the feds are being blasted for being out of touch with Canadians.
-
‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%03:01 | June 7, 2023
-
Global National: May 1122:15 | May 11, 2024
-
‘I hope they’re proud’: B.C. woman leaves family behind to volunteer in Ukraine02:12 | May 9, 2024
-
Prescription for plastic medical waste: How hospitals, medical suppliers are aiming to be greener02:35 | May 9, 2024
-
RCMP not enforcing injunction at Alberta First Nation blockade01:57 | May 9, 2024
-
Canada preparing more firefighters, technology ahead of wildfire season02:09 | May 9, 2024
-
Boeing 737 skids off Senegal runway as another whistleblower steps forward02:07 | May 9, 2024
-
Gaza crisis: Biden issues ultimatum to Israel over possible Rafah invasion02:02 | May 9, 2024
-
Excitement builds as Canucks, Oilers face off in Stanley Cup playoffs01:50 | May 8, 2024
-
Alberta is calling, but migration speed sparks affordability concerns01:57 | May 8, 2024
-
Public service unions fight ‘ridiculous’ 3-day in-office mandate02:09 | May 8, 2024
-
Jeremy Skibicki trial: Court hears accused serial killer’s confession to police01:59 | May 8, 2024
-
Canadian man killed in Egypt00:29 | May 8, 2024
-
Gaza crisis: U.S. pauses shipment of weapons to Israel02:03 | May 8, 2024
-
Suspect in Nijjar killing got student visa in ‘days’03:03 | May 8, 2024
-
Global National: May 821:45 | May 8, 2024
-
Sweet dreams: How Manitoba could boost Canada’s maple syrup industry02:12 | May 7, 2024
-
Foreign interference bill welcomed but needs work, diaspora groups say02:01 | May 7, 2024
-
Gaza crisis: Israel seizes Rafah crossing, launches assault01:58 | May 7, 2024
-
Nijjar murder: Top Indian diplomat worries about Sikh activists in Canada02:12 | May 7, 2024
-
Trump trial: Stormy Daniels’ graphic testimony at hush money trial02:16 | May 7, 2024
-
Police investigate shooting at Drake’s Toronto mansion amid rapper’s beef with Kendrick Lamar02:07 | May 7, 2024
-
Global National: May 722:06 | May 7, 2024
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?02:45 | May 6, 2024
-
Boeing’s Starliner finally ready for launch to ISS01:57 | May 6, 2024
-
Ottawa tables bill to counter foreign interference01:53 | May 6, 2024
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism02:05 | May 6, 2024
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms02:24 | May 6, 2024
-
Winnipeg man admits to killing 4 Indigenous women01:26 | May 6, 2024
-
Global National: May 622:06 | May 6, 2024
-
Pro-Palestinian campus protests spark historic comparisons to anti-Vietnam war movement02:18 | May 2, 2024
-
Reality check on Canada’s efforts to curb carbon emissions01:54 | May 2, 2024
-
‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%03:01 | June 7, 2023
-
Global National: May 1122:15 | May 11, 2024
-
‘I hope they’re proud’: B.C. woman leaves family behind to volunteer in Ukraine02:12 | May 9, 2024
-
Prescription for plastic medical waste: How hospitals, medical suppliers are aiming to be greener02:35 | May 9, 2024
-
RCMP not enforcing injunction at Alberta First Nation blockade01:57 | May 9, 2024
-
Canada preparing more firefighters, technology ahead of wildfire season02:09 | May 9, 2024
-
Boeing 737 skids off Senegal runway as another whistleblower steps forward02:07 | May 9, 2024
-
Gaza crisis: Biden issues ultimatum to Israel over possible Rafah invasion02:02 | May 9, 2024
-
Excitement builds as Canucks, Oilers face off in Stanley Cup playoffs01:50 | May 8, 2024
-
Alberta is calling, but migration speed sparks affordability concerns01:57 | May 8, 2024
-
Public service unions fight ‘ridiculous’ 3-day in-office mandate02:09 | May 8, 2024
-
Jeremy Skibicki trial: Court hears accused serial killer’s confession to police01:59 | May 8, 2024
-
Canadian man killed in Egypt00:29 | May 8, 2024
-
Gaza crisis: U.S. pauses shipment of weapons to Israel02:03 | May 8, 2024
-
Suspect in Nijjar killing got student visa in ‘days’03:03 | May 8, 2024
-
Global National: May 821:45 | May 8, 2024
-
Sweet dreams: How Manitoba could boost Canada’s maple syrup industry02:12 | May 7, 2024
-
Foreign interference bill welcomed but needs work, diaspora groups say02:01 | May 7, 2024
-
Gaza crisis: Israel seizes Rafah crossing, launches assault01:58 | May 7, 2024
-
Nijjar murder: Top Indian diplomat worries about Sikh activists in Canada02:12 | May 7, 2024
-
Trump trial: Stormy Daniels’ graphic testimony at hush money trial02:16 | May 7, 2024
-
Police investigate shooting at Drake’s Toronto mansion amid rapper’s beef with Kendrick Lamar02:07 | May 7, 2024
-
Global National: May 722:06 | May 7, 2024
-
Gaza crisis: Could Marwan Barghouti bring peace to Middle East?02:45 | May 6, 2024
-
Boeing’s Starliner finally ready for launch to ISS01:57 | May 6, 2024
-
Ottawa tables bill to counter foreign interference01:53 | May 6, 2024
-
‘Normalization of hate’: B’nai Brith Canada reports dramatic rise in antisemitism02:05 | May 6, 2024
-
Gaza crisis: Hamas accepts ceasefire deal as Israeli invasion looms02:24 | May 6, 2024
-
Winnipeg man admits to killing 4 Indigenous women01:26 | May 6, 2024
-
Global National: May 622:06 | May 6, 2024
-
Pro-Palestinian campus protests spark historic comparisons to anti-Vietnam war movement02:18 | May 2, 2024
-
Reality check on Canada’s efforts to curb carbon emissions01:54 | May 2, 2024
‘No grasp on reality’: Bank of Canada hikes interest rate to 4.75%
Description
June 7, 2023
After a brief pause, the Bank of Canada has again raised its key interest rate, this time to 4.75 per cent, making the prospect of buying a home further out of reach for renters. As Mike Drolet explains, both the central bank and the feds are being blasted for being out of touch with Canadians.
National News
-
U.S. says it spoke with Israel about incident of protesters blocking aid for Gaza1:345 hours ago
-
Venice becomes 1st city to charge tourists 5 euros for peak period visits3:316 hours ago
-
Lighting strikes summit of Volcan del Fuego while erupting0:446 hours ago
-
Jerry Seinfeld prompts Duke University graduates to leave commencement ceremony following Israel support1:347 hours ago
-
Doctor Who: Ncuti Gatwa reveals he’s in a group chat of all previous Doctors4:358 hours ago
-
Sunny Summer Vibes: Your ultimate wellness boost5:506 hours ago
-
My Day with the Cup: What NHL stars REALLY do when it’s their turn with the Stanley Cup5:536 hours ago
-
Glowing Inside Out: Skin & hair hacks for women5:408 hours ago
-
How Meghan and Harry honored Princess Diana during their tour of Nigeria5:316 hours ago
-
Business Matters: Regulator says no refund for travellers who cancelled flight already scrapped by airline during pandemic2:156 hours ago
Advertisement
Top News
-
Lighting strikes summit of Volcan del Fuego while erupting0:446 hours ago
-
How Meghan and Harry honored Princess Diana during their tour of Nigeria5:316 hours ago
-
Float home owners feel left out to dry as houses run aground in Fraser River2:0010 hours ago
-
Israel remains steadfast on Rafah assault, risking growing international alienation2:0410 hours ago
-
Russia-Ukraine war: Putin shakes up cabinet, signaling potential shift in war effort2:0710 hours ago
-
Wildfires prompt new evacuations across Western Canada1:4810 hours ago
-
Hardeep Singh Nijjar: 4th suspect arrested in Sikh leader’s murder allegedly 1 of 2 gunmen0:3110 hours ago
-
Eurovision 2024: “The most insane thing” says Switzerland’s Nemo after winning song contest1:4710 hours ago
-
Refugees reflect on 25 years since Kosovo war2:2010 hours ago
-
Floods, landslides kill at least 31 in Indonesia2:0310 hours ago
Sponsored Content
Canada
-
Thousands forced from their homes due to wildfire burning near Fort Nelson4:316 hours ago
-
University encampment protesters demand UofT cut ties with academic institutions that ‘sustain apartheid policies’3:058 hours ago
-
How can you reduce wildfire risk to your home?1:336 hours ago
-
Canucks fans flock to game 3 watch parties3:1410 hours ago
-
Racism in the military: Settlement proposed in class-action lawsuit against CAF1:5110 hours ago
-
Wildfires prompt new evacuations across Western Canada1:4810 hours ago
-
Fire crews in Northern Alberta continue to fight a pair of out of control wildfires1:5524 hours ago
-
Rare tiger salamander spotted in Calgary backyard1:5610 hours ago
-
Man found dead in Montreal’s Plateau neighbourhood was homicide victim, police say1:0710 hours ago
-
Lessons for Canada from U.K.’s plan to boost defence spending to 2.5% of GDP9:5310 hours ago
U.S. News
-
U.S. says it spoke with Israel about incident of protesters blocking aid for Gaza1:345 hours ago
-
Jerry Seinfeld prompts Duke University graduates to leave commencement ceremony following Israel support1:347 hours ago
-
Gaza crisis: Biden issues ultimatum to Israel over possible Rafah invasion2:023 days ago
-
Tennessee storms: Floods, a tornado, and ‘golf-ball-sized’ hail wreak havoc1:554 days ago
-
New York City resident films cruise ship sailing into port with dead whale on it’s bow0:474 days ago
-
Gaza crisis: U.S. pauses shipment of weapons to Israel2:034 days ago
-
TikTok and ByteDance sue U.S. government over app ban law0:335 days ago
-
Trump trial: Stormy Daniels’ graphic testimony at hush money trial2:166 days ago
-
University protests: Pro-Palestinian demonstrations continue for 2nd week across US campuses2:166 days ago
-
Business Matters: Boeing faces new U.S. investigation into 787 Dreamliner inspections2:126 days ago
Advertisement
World
-
U.S. says it spoke with Israel about incident of protesters blocking aid for Gaza1:345 hours ago
-
Venice becomes 1st city to charge tourists 5 euros for peak period visits3:316 hours ago
-
Vatican Museums staff start unprecedented legal action over labour conditions2:1610 hours ago
-
Israel remains steadfast on Rafah assault, risking growing international alienation2:0410 hours ago
-
Russia-Ukraine war: Putin shakes up cabinet, signaling potential shift in war effort2:0710 hours ago
-
Hardeep Singh Nijjar: 4th suspect arrested in Sikh leader’s murder allegedly 1 of 2 gunmen0:3110 hours ago
-
Eurovision 2024: “The most insane thing” says Switzerland’s Nemo after winning song contest1:4710 hours ago
-
Refugees reflect on 25 years since Kosovo war2:2010 hours ago
-
Floods, landslides kill at least 31 in Indonesia2:0310 hours ago
-
Russia-Ukraine war: At least 7 dead, 20 injured after missile strike in Belgorod1:1410 hours ago
Politics
-
Canada has ‘work to do’ beyond defence policy update to meet military needs: Bill Blair1:195 hours ago
-
U.S. says it spoke with Israel about incident of protesters blocking aid for Gaza1:345 hours ago
-
Jerry Seinfeld prompts Duke University graduates to leave commencement ceremony following Israel support1:347 hours ago
-
University encampment protesters demand UofT cut ties with academic institutions that ‘sustain apartheid policies’3:058 hours ago
-
BC Green Party re-introduce their NDA Bill5:169 hours ago
-
Meet HRM wildfire mitigation program manager Kara McCurdy5:1212 hours ago
-
Global National: May 1220:511 day ago
-
The West Block: May 12, 2024 | Lessons for Canada from U.K.’s plan to boost defence spending to 2.5% of GDP23:211 day ago
-
Lessons for Canada from U.K.’s plan to boost defence spending to 2.5% of GDP9:5310 hours ago
-
Important that we bring the temperature down: Minister responds to Calgary campus protest clashes10:0924 hours ago
Health and Wellness
-
Sunny Summer Vibes: Your ultimate wellness boost5:506 hours ago
-
Health Matters: 247K Canadians expected to get cancer in 20242:566 hours ago
-
Concordia study explores consumer market behaviour during pandemics2:0124 hours ago
-
What’s in a vape? Study uses AI to help identify hundreds of toxic chemicals1:592 days ago
-
Kidney donor’s impulsive walk from Toronto to Hamilton spurred by need to stay fit1:292 days ago
-
New moms and mental health concerns5:122 days ago
-
Supporting physicians during Mental Health Week4:372 days ago
-
British toddler’s hearing restored with landmark gene therapy2:093 days ago
-
COVID-19 pandemic changes course of Nigerian man’s life2:343 days ago
-
Health Matters: 97K Amazon USB wall chargers recalled2:263 days ago
Advertisement
Investigative News
-
Preparing for the upcoming wildfire season4:2510 hours ago
-
B.C. cyberattack was likely state directed says province1:573 days ago
-
Should you be providing your children with an allowance?5:113 days ago
-
‘As though they were garbage’: Trial hears serial killer targeted Indigenous women1:174 days ago
-
Gen Z early retirement plan: Is $500k really enough to live off for 60 years?6:005 days ago
-
How can you flood-proof your home?1:255 days ago
-
Homicide victim’s boyfriend fights for change2:275 days ago
-
The impact of university divestment from Israel9:376 days ago
-
Small businesses guarding against ‘catastrophic’ cyber threats1:431 week ago
News Bloopers
-
Global’s Anthony Farnell performs in The Nutcracker1:145 months ago
-
‘You can’t make this stuff up:’ Loud clap of thunder interrupts live TV segment at pivotal moment0:247 months ago
-
Global Calgary weather anchor startled by surprise guest appearance0:2111 months ago
-
Fun times? Global News personalities help clear snow in search of ‘fun’ story2:0018 months ago
-
Global National anchor Farah Nasser swallows fly on-air0:1720 months ago
-
‘Buzzworthy moment’: Colin D’Mello recaps Doug Ford accidentally swallowing a bee1:5721 months ago
-
‘Did you just call me daddy?’: Morning show hosts can’t hold back laughter after on-air mixup1:1421 months ago
-
B.C. dad hoping to see his cloud photo on TV get his wish following viral TikTok campaign2:1125 months ago
-
Bloopers: Phil Darlington slips, slides and falls in these Our Winter City outtakes1:3819 months ago
-
Global News bloopers: The funniest gaffes, laughs, and fails of 20216:2029 months ago