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The Bank of Canada now has the interest rate set at 2.5% amid surging inflation, with further hikes possibly in future meetings to combat skyrocketing costs of living.

Moshe Lander, a senior lecturer in economics at Concordia University, joins Andrew Pinsent on Ottawa at Work to talk through what this latest increase means for your money and where things could go.

The Bank of Canada now has the interest rate set at 2.5% amid surging inflation, with further hikes possibly in future meetings to combat skyrocketing costs of living.
Moshe Lander, a senior lecturer in economics at Concordia University, joins Andrew Pinsent on Ottawa at Work to talk through what this latest increase means for your money and where things could go.

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Top sound bites from all of 580 CFRA's programming

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Ottawa At Work: 'I don't think they're done' -- Following highest interest rate hike since 1998, economist foresees more to come

The best of Newstalk 580 CFRA for Monday, June 1st, 2026.

The best of Newstalk 580 CFRA for Monday, June 1st, 2026.

PODCAST: The Daily Review for Mon. June 1st, 2026

Would you pay more in property taxes for better infrastructure? In a letter to Mayor Mark Sutcliffe last week, former city councillor Alex Cullen said that Ottawa’s aging infrastructure is a problem that ‘cannot be responsibly put off any longer’. He notes the average age for Ottawa’s arenas and rinks is 45 years old, while aquatic facilities are an average age of 40 years old. And when examining our city’s community centres and fieldhouses, the data points to an average age of 39 years old. Cullen joins Kristy Cameron on today's Ottawa Now.

Would you pay more in property taxes for better infrastructure? In a letter to Mayor Mark Sutcliffe last week, former city councillor Alex Cullen said that Ottawa&rsquo;s aging infrastructure is a problem that &lsquo;cannot be responsibly put off any longer&rsquo;. He notes the average age for Ottawa&rsquo;s arenas and rinks is 45 years old, while aquatic facilities are an average age of 40 years old. And when examining our city&rsquo;s community centres and fieldhouses, the data points to an average age of 39 years old. Cullen joins Kristy Cameron on today's Ottawa Now.

Ottawa Now - Former city councillor says Ottawa's aging infrastructure can't be pushed aside any longer

The proposed high-speed rail line between Ottawa and Montreal is facing a roadblock east of Ottawa. The United Counties of Prescott-Russell is refusing to grant Alto access to municipal land to study the line. It has also declined to sign a non-disclosure agreement with Alto. The Crown corporation has already begun conducting environmental assessments on private properties for the proposed rail line, but has faced significant opposition from rural property owners and politicians from all levels of government. Joining Kristy Cameron on today's Ottawa Now is Clarence-Rockland Mayor Mario Zanth, who is also the Warden for the United Counties.

The proposed high-speed rail line between Ottawa and Montreal is facing a roadblock east of Ottawa. The United Counties of Prescott-Russell is refusing to grant Alto access to municipal land to study the line. It has also declined to sign a non-disclosure agreement with Alto. The Crown corporation has already begun conducting environmental assessments on private properties for the proposed rail line, but has faced significant opposition from rural property owners and politicians from all levels of government. Joining Kristy Cameron on today's Ottawa Now is Clarence-Rockland Mayor Mario Zanth, who is also the Warden for the United Counties.

Ottawa At Work: 'I don't think they're done' -- Following highest interest rate hike since 1998, economist foresees more to come

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