The Bank of Canada has hiked its overnight interest rate by 100 basis points to 2.5 per cent, following higher than-expected inflation. It is the biggest rate hike by the central bank since August, 1998.

The man accused of kidnapping and raping a 13-year-old Edmonton girl is facing additional charges.

Ten people have been charged and Edmonton police are looking to charge more after busting a network that distributed stolen liquor and other illegal items.

Keith, a three-time Stanley Cup champion with the Chicago Blackhawks, had one year left in his Oilers contract.

Temperatures jumped to 27 C early Monday evening.