As inequality rises, so does the importance of ensuring that individuals are able to meet their basic needs through strong financial, health and social supports including guaranteed liveable basic income, writes Senator Kim Pate.
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Bank of Canada hikes borrowing costs by a quarter point amid stubborn inflation, resilient economyThe move raises the central banks key interest rate to 4.75 per cent after moving to the sidelines earlier this year
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Bank of Canada hikes key interest rate to 4.75% - BNN BloombergPolicymakers led by Governor Tiff Macklem raised the overnight lending rate to 4.75% on Wednesday, the highest since 2001. The move was expected by only about one in five economists in a Bloomberg survey, and markets put the odds at about a coin flip.
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