Rate Hike

• Why did the Bank of Canada hike rates? Here’s what ‘tipped the balance’

  Bank of Canada deputy governor Paul Beaudry says recent economic data suggests the risk of sticky inflation has gone up, prompting the latest interest rate hike.

  Economy

  6 hours
  
• Fortis electricity rates set to rise in new year

  Fortis said that for a residential electric customer with an average use of approximately 1,100 kilowatt hours per month of electricity, it will cost about $7.62 more per month.

  Economy

  Dec 7, 2022
  
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• SaskEnergy seeks public opinion on proposed rate hike

  The Saskatchewan Rate Review Panel is seeking input from stakeholders and the public on a proposed SaskEnergy rate hike. 

  Economy

  Oct 11, 2022
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• U.S. Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years

  The U.S. Federal Reserve delivered a 75-basis-point interest rate hike on Wednesday, the largest such increase in 28 years amid rampant inflation.

  Economy

  Jun 15, 2022
• Coronavirus: NB Power requests rate application delay, commits to no disconnections

  NB Power has sought to provide clarity to its customers in the face of the novel coronavirus pandemic. 

  Canada

  Mar 24, 2020
• Natural gas prices going up next month in Manitoba

  Starting May 1, natural gas rates are going up about 1 per cent, says the Public Utilities Board. 

  Consumer

  Apr 23, 2019
• BC Hydro rate hike approved, bills to climb on April 1

  Rates will climb by 6.85 per cent, however, thanks to another change, customers will only see their bills rise by 1.76 per cent on April 1.

  Canada

  Mar 1, 2019
• NB Power encourages energy conservation ahead of potential rate hike

  NB Power has filed a rate application that would see a 2.9 per cent rate increase for residential customers.

  Economy

  Jan 14, 2019
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• NB Power files for 2.5% hike in power rates

  Even if the rate increase is approved by the New Brunswick Energy and Utilities Board, the province will still have the lowest electricity rates in the Maritimes. 

  Consumer

  Jan 9, 2019
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• Manitoba drivers could see a 2.2 per cent MPI rate hike

  Manitoba Public Insurance has a three week hearing with the Public Utilities Board regarding its application for a 2.2 percent rate hike. MPI said it needs the increase to beef up it's reserve fund.

  Oct 16, 2018