Morning Update: Bank of Canada hikes rate as it seeks to cool resilient economy

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Morning Update: Bank of Canada hikes rate as it seeks to cool resilient economy
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The move raises the central bank’s key interest rate to 4.75 per cent, the highest level since 2001

Smoke from wildfires raging in Quebec and other provinces, making the air quality in those areas among the worst in the world.

The scent of campfire hung in the air and a grey blanket of smoke was visible in the Greater Toronto Area and the Ottawa region. Meanwhile, in New York, an orange haze blotted out the sun. The number of fires and the vast swath that has been torched has already reached a record high in Canada, with the hottest months of the year still to come. More than half of the 414 fires burning from coast to coast are determined to be out of control, displacing 20,183 people from their homes, Emergency Preparedness Minister Bill Blair said.The Ukrainian government hasfor a photojournalist who has worked with The Globe and Mail since 2014.

Journalists have entered Ukraine by the thousands since the Russian invasion last year, covering the war from the front lines, hospital wards and devastated neighbourhoods. But as the war has continued, the country has taken a more hard-line approach to journalists, revoking credentials for some Western reporters and forbidding journalists from reporting numerous aspects of the war.

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