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The Bank of Canada announces the last interest rate hike for now in an effort to tackle high inflation. The overnight lending rate has increased by 4.5%, with growing concerns about borrowing becoming more expensive for Canadians. The rising rates are expected to be paused for assessment, with questions surrounding whether another hike will bring inflation down. There is also a discussion on the violent reality on Canada's transit systems and the urgent need to improve safety measures. Additionally, there is mention of answering Ukraine's calls for tanks, which could be a potential turning point.