July 13, 2022

GOOD MORNING

The Bank of Canada is expected to announce another big interest rate hike today, a further rise in food prices could be on the way, and a CFL quarterback accuses the league of turning a blind eye to racism.

Here's what you need to know to start your day.

Key interest rate

The Bank of Canada will make its key interest rate announcement this morning. Economists are forecasting an increase of three-quarters of a percentage point.

Food prices

Canadian food suppliers are once again issuing notices to grocery retailers informing them of upcoming price hikes.

Wasaga Beach case

Mohamad Lilo, former boyfriend of Elnaz Hajtamiri, is now facing charges in connection with her alleged abduction six months ago in Wasaga Beach, Ont.

Pandemic supports

Statistics Canada will today give a snapshot of how government supports such as the Canada Emergency Response Benefit affected incomes early in the COVID-19 pandemic.

A blind eye

Ottawa Redblacks quarterback Jeremiah Masoli has spoken out following Friday’s game in which he was severely injured by Saskatchewan Roughriders defensive lineman Garrett Marino, accusing the league of turning a blind eye to racism.

MUST-SEE VIDEO

A group of youth musicians gives an impromptu performance while their plane was stuck on the tarmac in Newark, N.J.

ONE MORE THING

A new Omicron subvariant that is driving infections in India has been detected in Canada.

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