Bank of Canada increases interest rate by 75 basis points
The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is also continuing its policy of quantitative tightening.
In Canada, inflation eased in July to 7.6% from 8.1% because of a drop in gasoline prices. However, inflation excluding gasoline increased and data indicate a further broadening of price pressures, particularly in services. The Bank’s core measures of inflation continued to move up, ranging from 5% to 5.5% in July. Surveys suggest that short-term inflation expectations remain high. The longer this continues, the greater the risk that elevated inflation becomes entrenched.
The Bank has reiterated its intent to achieve a 2% inflation target, and the Bank’s governing council believes that it will need to raise rates further.
The next scheduled date for announcing the overnight rate target is October 26, 2022
Welland, ON – Visitors to Welland’s Market Square on Wednesdays, from 4 to 8 p.m. (weather permitting), beginning September 14, can now enjoy an array of food trucks and a movie.
With seating available onsite, the supper market offers the option to pick up and go or stick around and enjoy the atmosphere. Some of the most popular food trucks in the area offering a wide variety of food options will be onsite, including:
Smoke and Moonshine
The Runaway Greek
905 Hotdog Pound
Cool Licks Ice Cream and food truck
“Bringing local food trucks to market square is just one more opportunity for the community to get out and enjoy what the city has to offer,” said Rob Axiak, director of community services. “This year, we’ll do a bit of a test run into the fall, hoping we are up and running every Wednesday next summer starting the May long weekend. The movie at the market is an ideal location for such an event, and, when considering dinner and movie, what better place to bring the family.”
The movie portion of the event begins at dusk (approximately 7 p.m.). Previously, the City hosted movie nights at Civic Square on the outdoor LED screen but will now host movies at the market on an inflatable screen, offering greater access and ease of viewing. In addition, Shriner’s Creek kettle popcorn will be handed out to kids to enjoy with the movie.
This year’s supper market and movies are expected to run until Thanksgiving, with expanded operations in 2023. Movies will not run every Wednesday; however, when offered, they will coincide with the supper market.
Market Square is located at 70 Young Street, and parking is free.
Our next Meet & Greet will be held at 7pm Friday Sept 23 @ The Bank Art House (22 King St., Welland)
This months event will be an officially registered event as part of Canada Culture Days! We invite everyone to attend this event, and encourage artists to bring along a piece of art, or plan a short performance (roughly 5 min) to share with everyone if you like.
The schedule for our upcoming Meet & Greet events is:
-January 20, 2023
Save the dates!
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Rogers outage sparks deal in Canada between major telecoms
The federal industry minister says Canada’s major telecom companies have reached a formal agreement to “ensure and guarantee” emergency roaming and other mutual assistance in the case of a major outage.
The deal comes after a massive Rogers Communications Inc. service disruption on July 8 that affected millions of Canadians.
In the days after the outage, Minister of Innovation, Science and Industry Francois-Philippe Champagne directed the CEOs of Rogers and other telecom companies to develop a backup plan to prevent a similar scenario, giving them 60 days to do so.
Alternate voting options available for voters to cast their ballot
Niagara voters unable to cast their ballot on Election Day (Oct. 24, 2022), or attend an advance poll, have another options such as voting by mail (available only in participating municipalities) or assigning a voting proxy.
A voting proxy is someone who will cast a ballot on another’s behalf in their absence. The person acting as a proxy must also be an eligible elector.
A voting proxy can be appointed to multiple people if they are relatives or only one person if they are non-relatives. Relatives include spouses or sibling(s), parent(s), child(ren), or grandparent(s) and grandchild(ren).
Visit Niagara Votes, or contact your local municipal Clerk’s Office or website to learn more about alternate voting options and voting requirements
Come out and share your ideas!
The Welland Creatives Network is very pleased to invite you to a September 15th Community Consultation presented by the Rodman Art Institute of Niagara.
This will take place at The Bank Art House (at 22 King Street, Welland, Ontario) at 5:30 PM.
A like-minded group of cultural workers and artists, The Welland Creatives Network (WCN) was formed to support and facilitate events and activities that highlight creative activities and endeavours in the City of Welland, as well as being advocates for the local arts sector.
WCN is very excited to host this event to further the conversation about the future of the Rodman Hall Collection, and to provide a space for many voices to talk about the Rodman Art Institute of Niagara: what it can be, what it should be, and what it can mean to the many communities that form the Niagara region, both in terms of culture and community.
Building on the legacy of Rodman Hall Art Centre by caring for the art collection, the Rodman Art Institute of Niagara plans to provide a vibrant platform for visual arts and creative experiences in the Niagara Region. Their aim is to enhance the visual arts ecosystem of our region through collaboration and mutual support.
During the summer and fall of 2022, with the help of Lord Cultural Resources Rodman Art Institute of Niagara will be collecting survey responses, in addition to conducting interviews and community meetings to hear community members’ ideas about how this important collection can contribute to the quality of life here in Niagara.
Please share this with any individuals and organizations as you like, as in hosting this event WCN hopes to bring together many groups and people for input and ideas regarding the Rodman Art Institute of Niagara. All are welcome.
For more information, please contact Rodman Art Institute of Niagara (firstname.lastname@example.org) or follow Welland Creatives Network (email@example.com) on social media ( IG / FB: @wellandcreativesnetwork)
Vote in the upcoming municipal election
On Monday, Oct. 24, 2022, Niagara residents will vote to elect the positions of mayor, councillors and regional councillors. For voter information in your community, including a list of candidates, please click here.
Alexis Higginbotham Executive Director
60 East Main Street