Caesars Windsor, as seen from Pitt St E, Windsor, on October 25, 2017. Photo by Mark Brown/Blackburn News.Caesars Windsor, as seen from Pitt St E, Windsor, on October 25, 2017. Photo by Mark Brown/Blackburn News.
Windsor

OLG cuts cheque to Windsor for Caesars Windsor

Caesars Windsor continues to be a lucrative source of revenue for the City of Windsor.

The Ontario Lottery and Gaming Corporation deposited its cheque for the second quarter of 2023, totalling over $2.3-million. It's for the period between July 1 and September 30.

The city has received more than $5.7-million this year to fund programs and services. Payments for the third and fourth quarters will come in late 2023 and early 2024.

"Municipality Contribution Agreement payments help municipalities fund priorities such as community infrastructure, parks and recreation, and local healthcare facilities, benefitting families and local residents," said Ontario Finance Minister Peter Bethlenfalvy.

Windsor started receiving the payments for hosting the casino in May 1994 when the first casino opened, and since then has collected over $88.1-million.

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(Photo of the Bank of Canada from bankofcanada.ca)

No change in Bank of Canada rate

It announced on Wednesday morning that the overnight rate will remain at 2.25 per cent, with the bank rate at 2.5 per cent, and the deposit rate at 2.2 per cent.

A hockey puck on an ice surface. © Can Stock Photo / vencavolrab

Scoreboard, April 29

The Edmonton Oilers staved off elimination and beat the Anaheim Ducks 4-1 in NHL playoff action Tuesday, forcing a game six in California.