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Tag Archives:
money
Bank of Canada holds key interest rate steady at five per cent
Canada's central bank is holding its key interest rate steady, but lower rates could be on the horizon. The Bank of Canada maintained its rate at five per cent on Wednesday, but governor Tiff Macklem ...
CKOM News
Apr 10, 2024
The Bank of Canada held its key interest rate steady on Wednesday, which wasn't a shock to economists. (650 CKOM file photo)
Canada's inflation rate rose to 3.4 per cent in December
Canada's annual inflation rate increased to 3.4 per cent in the final month of 2023, an increase over the 3.1 per cent rate the nation saw in November. According to Statistics Canada, the annual infla...
CKOM News
Jan 16, 2024
According to Statistics Canada, the annual inflation rate for 2023 was 3.9 per cent. (650 CKOM file photo)
Bank of Canada holds key interest rate steady at five per cent
Canada's central bank held its key interest rate on Wednesday. The Bank of Canada maintained the rate at five per cent, marking the third time in a row that the central bank has left the rate unchange...
CKOM News
Dec 06, 2023
THE CANADIAN PRESS/Adrian Wyld
Bank of Canada holds interest rate at five per cent
Canada's central bank is holding its key interest rate at five per cent. The Bank of Canada made the announcement Wednesday, saying the global economy is slowing, and growth is expected to moderate ev...
CKOM News
Oct 25, 2023
The Bank of Canada held its key interest rate at five per cent Wednesday, but left open the door for future increases. (650 CKOM file photo)
Saskatoon to repay 2023 snow clearing bill over 10 years
It's going to take a long time for the City of Saskatoon to pay off its snow clearing bill. According to Clae Hack, the city's chief financial officer, it's going to take 10 years. Two storms last Dec...
Lara Fominoff
Aug 17, 2023
(Lara Fominoff/650 CKOM)
Mortgage payments expected to increase after interest rate hike
The future of the housing market is looking bleak for many after the Bank of Canada raised interest rates by 25 basis points to 4.75 per cent on Wednesday. Jason Childs, an economics professor at the ...
Halyna Mihalik
Jun 08, 2023
(650 CKOM file photo)
Bank of Canada ends pause on interest rate hikes
Interest rates are on the move again in Canada. The Bank of Canada raised its key lending rate 25 basis points to 4.75 per cent Wednesday morning. It marks the first rate increase by the central bank ...
CKOM News
Jun 07, 2023
Bank of Canada ends pause on interest rate hikes
Interest rates are on the move again in Canada. The Bank of Canada raised its key lending rate 25 basis points to 4.75 per cent Wednesday morning. It marks the first rate increase by the central bank ...
CKOM News
Jun 07, 2023
(File photo/650 CKOM)
School divisions still waiting on more money from provincial gov't
Four weeks after Premier Scott Moe and Education Minister Dustin Duncan announced more money would be coming to help school divisions in the province, there's still no word on how much money they'll g...
Lisa Schick
May 31, 2023
Inflation slows to 4.3 per cent in March, lowest since August of 2021
Canada's inflation rate fell to 4.3 per cent in March, down from 5.2 per cent in February. The slowdown - to the lowest mark inflation has been since August of 2021 - was partially due to high energy ...
CKOM News
Apr 18, 2023
(File photo/650 CKOM)
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Matthews scores game-winner to eliminate Rush from NLL playoff contention
Apr 21, 2024
The former Saskatchewan Rush star snapped an 11-11 tie with a goal in the fourth quarter.
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