Bank of Canada News and Monetary Policy Updates
Bank of Canada raises rates for first time in over three years
The Bank of Canada raised its benchmark interest rate to 2.5% on Wednesday, its first increase in more than three years, as elevated energy prices threatened to spread inflation across the ...
Bank of Canada raises key rate in first hike since 2023
Canada’s central bank increases its key interest rate by 0.25 percentage points to 2.5% on Oct. 28, marking its first rate hike since July 2023 after holding at 2.25% for a year. The move ...
Bank of Canada raises inflation outlook as growth forecast improves
Canada's inflation outlook is strengthening even as the economy enters the second half of 2026 on firmer footing. Price growth is projected to stay around 3% through much of 2027 before returning ...
Global markets brace for Fed, Big Tech earnings and Bank of Canada decision
Investors are heading into one of the busiest stretches of the week as major central bank decisions, heavyweight technology earnings and the UK budget converge over the next 24 hours. The packed ...
Global markets brace for elections, central bank decisions and Big Tech earnings
Investors are navigating a cautious start to the week as election results, geopolitical risks and policy meetings shape sentiment across global markets. Attention is also turning to a heavy ...
Bank of Canada rate outlook points to split October decision
Canada's next central bank decision is drawing unusually divided expectations ahead of the Bank of Canada's October 28 rate announcement. Markets are pricing in a quarter-point increase after ...
Bank of Canada survey shows stronger business sentiment as trade risks cloud outlook
Canadian business sentiment improves in the third quarter of 2026 as firms report better domestic and export sales expectations and maintain solid investment plans. The pickup largely reflects ...
Bank of Canada survey shows consumer inflation expectations rise as trade tensions weigh on spending
Canadian consumers enter late 2026 with higher long-term inflation expectations, while spending plans weaken despite improved views of personal finances. The shift comes as trade tensions with the ...
Canada inflation rises above Bank of Canada target band in September
Canada's consumer price growth accelerates in September, pushing the annual inflation rate back above the Bank of Canada's upper limit after three months. The reading arrives ahead of the central ...
Bank of Canada flags higher inflation outlook as oil prices surge
The Bank of Canada is preparing updated quarterly forecasts ahead of its Oct. 28 rate decision as policymakers assess whether energy costs are keeping price pressures elevated. Persistently high ...
Morgan Stanley delays tokenized equities support to Q1 2027
Morgan Stanley is pushing back its expected timeline for supporting tokenized equities on its alternative trading system to the first quarter of 2027. The shift reflects the bank's view that ...
FINTRAC outlines supervision overhaul after FATF review in Canada
Canada's anti-money laundering regime is moving into a new phase as FINTRAC links recent FATF evaluation findings to a broader expansion of its supervisory and enforcement capacity. The agency ...
Statistics Canada launches sector-based producer price indexes for inflation analysis
Canada is adding a new quarterly data series to track producer price movements across major parts of the economy. The first release from Statistics Canada covers four broad sectors and is designed ...
Canada employment contracts in September as job losses erase 2026 gains
Canada's labor market weakens further in September, with a sharp drop in employment leaving the country in a net job deficit for the year. The data arrives just weeks before the Bank of Canada's ...
Canada launches charity framework consultations
Canada is opening a federal review of the rules governing registered charities as the sector remains a major provider of community services and a significant contributor to the economy. The ...
Meta captures micro drama ad spending in the U.S.
Micro drama apps are gaining traction in the U.S. as producers spend heavily to acquire paying viewers on mobile platforms. Meta is emerging as the main commercial beneficiary, drawing a large ...
Ontario expands postsecondary seats in southwest region with C$44 million investment
Southwest Ontario is receiving 2,077 new postsecondary seats as the provincial government increases training capacity in fields tied to labour shortages and economic competitiveness. The C$44 ...
Ontario expands agriculture funding in Northern Ontario with C$6.1 million commitment
Northern Ontario is receiving more than C$6.1 million in provincial support for 14 agriculture projects aimed at improving farm productivity and expanding growing capacity. The funding is ...
U.S. holds firm in Canada trade talks as Quebec election distracts Ottawa
Trade negotiations between the U.S. and Canada remain at a standstill as Washington says it is not changing its position. The latest comments suggest political attention in Ottawa is focused on ...
Canada tables red tape reduction bill to support economic growth and competitiveness
Canada is moving ahead with legislation aimed at cutting administrative burdens as Ottawa seeks to strengthen business competitiveness and economic growth. Treasury Board President Shafqat Ali is ...
U.S. farm debt tracking gaps widen as borrowing hits record
Mounting financial strain across U.S. agriculture is pushing more farmers to rely on a wider range of lenders beyond banks and traditional farm credit providers. That shift is leaving federal ...
