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Home› Canada› Bank of Canada delivers 1st hike in three years, raises key rate to 2.5%

Bank of Canada delivers 1st hike in three years, raises key rate to 2.5%

CanadaOct 28, 2026, 6:50 AM
🇨🇦 CanadaNEWS DESKPublisher image not supplied
NEWS DESKCanada
PUBLISHEDOct 28, 2026, 6:50 AM
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OTTAWA — The Bank of Canada raised its benchmark interest rate for the first time in more than three years today as it warns Canadians could soon start facing higher prices.

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Main source: Bing News – Canada

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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