Global National: April 13, 2022| Bank of Canada moves to fight inflation with key interest rate hike

In an effort to cool inflation, the Bank of Canada has now hiked its key interest rate to one per cent. The last time it raised the rate by a half per cent was in May 2000. Anne Gaviola explains what this means for your finances, and why the benchmark rate is only expected to rise.

Also, it is indeed April, but that won't stop a spring snowstorm from battering Manitoba. Heather Yourex-West reports from Winnipeg, looking at how people are coping, and how the whiteout conditions are wreaking havoc with roads in and around the provincial capital.

In Ukraine, there are signs Mariupol is on the verge of falling into Russian hands, amid unverified claims of Ukrainian soldiers are surrendering. Crystal Goomansingh reports on how Ukraine is responding to the allegations, as President Volodymyr Zelenskyy pleads with the West for weapons to stop the carnage.

Ukraine's Azov Battalion started as a far-right militia, and its members were linked to hate crimes. Now it's a formidable force fighting for the country. Eric Sorensen looks at the group's history and evolution over the past several years.

In the U.S., the manhunt for the prime suspect in the shooting inside a New York subway train has ended, with police arresting 62-year-old Frank James. Jackson Proskow reports on James' history, and the charges he's facing.

With Canada in the sixth COVID-19 wave, the antiviral drug Paxlovid could be key to keeping some people out of hospital. But Jamie Mauracher explains why doctors say the medication is difficult to access, and the problems that poses for when it must be taken in order to be effective.

It's the debate over real estate: is it a home or an asset? Governments are being pressured to relieve Canada's affordable housing crunch, and a Global News investigation shows how many federal politicians own rental or investment properties. As David Akin reports, some critics wonder if there could be a conflict of interest.

And even at 101 years old, former Mississauga mayor Hazel McCallion is still going strong, as she extends her contract with the Greater Toronto Airport Authority. Mike Drolet looks at "Hurricane Hazel's" rise from underdog to a lifetime of public service.

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