Bank of Canada hikes interest rates for the 1st time in 3 years
3 sources·Updated October 28, 2026

Bank of Canada rates
Covered by 3 sources
- NOW Magazine Toronto·5h agoBank of Canada hikes interest rate for first time since 2023. Here’s what it means for Canadians and homebuyers
What to know The Bank of Canada has announced a 25 basis point interest rate hike, marking its first increase since July 2023. The official
Read at NOW Magazine Toronto → - CBC Business CA·12h agoBank of Canada raises benchmark interest rate to 2.5 per centRead at CBC Business CA →
- Global News Canada·12h agoBank of Canada hikes interest rates for the 1st time in 3 years
The Bank of Canada hiked interest rates by 0.25 per cent on Wednesday to 2.5 per cent, marking the first change to its benchmark in a year and the first increase in three years.
Read at Global News Canada →
