dailyhive.com/vancouver/bank-of-canada-policy-interest-rate-change-october-2026 Bank of Canada increases policy interest rate for the first time in more than three years
The Bank of Canada raised its policy rate by 0.25 points to 2.5 per cent, its first hike since July 2023, citing persistently high oil prices from the Middle East conflict. Governor Tiff Macklem said more increases are possible, and the housing market faces added pressure.
— via Daily Hive Vancouver, Kenneth Chan
