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

Bank of Canada rates
Covered by 5 sources
- Financial Post·1d agoBank of Canada rarely hikes just once, says Douglas Porter
Watch: 'I would be pretty surprized if this is the last rate hike,' says BMO chief economist
Read at Financial Post → - NOW Magazine Toronto·1d 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 → - Al Jazeera·1d agoBank of Canada raises interest rates for the first time in three years
The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.
Read at Al Jazeera → - CBC Business CA·1d agoBank of Canada raises benchmark interest rate to 2.5 per centRead at CBC Business CA →
- Global News Canada·1d 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 →

