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Bank of Canada raises interest rates for the first time in three years

Published October 28, 2026 12:44 pm • Updated October 28, 2026 12:44 pm •
Bank of Canada raises interest rates for the first time in three years
Photo via Al Jazeera

The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.

The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.

Source: Al Jazeera — Original report ↗

WorldLine News is displaying a source-attributed brief. Details may evolve. The linked publication is responsible for its original reporting.

Original source: Al Jazeera ↗