Bank of Canada holds key rate at 2.75 per cent; tariff uncertainty remains high
With continued uncertainty on how tariffs will impact the economy, The Bank of Canada held its benchmark interest rate steady at 2.75 per cent today. Economists and financial markets had expected the second consecutive hold. Today marked the start of new 50 per cent tariffs on steel and aluminum imports into the United States — […]
Read moreMarystown Volunteer Fire Department receives prestigious $15,000 grant
The Marystown Volunteer Fire Department is the latest recipient of the KENWOOD Cares $15,000 communications equipment grant. Located in the heart of Marystown, the department serves approximately 5,400 residents. Their coveragealso extends to the neighbouring towns of Jean de Baie, Rock Harbour, Spanish Room, and Beau Bois, with aid agreements in place for Baine Harbour, […]
Read moreCall for proposals issued for Community Violence Prevention Grants
Minister Responsible for Women and Gender Equality Sherry Gambin-Walsh has announced a call for proposals for the 2025 Community Violence Prevention Grants Program. Projects must be related to community-based violence prevention, to a maximum request of $50,000. Consideration will be given to proposals that focus on building community support networks, especially at the regional and […]
Read moreBank of Canada to make Interest Rate announcement
Today, the Bank of Canada will announce its decision on the target for the overnight rate. The announcement comes at 11:15 NT. Between March and April, the Bank of Canada kept the interest rate at 2.75 percent.
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