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Bank of Canada hikes key interest rate

Original: Bank of Canada hikes key interest rate | CTV National News at 5:30 for Oct. 28, 2026

The Bank of Canada has raised its key interest rate, according to CTV National News coverage on October 28, 2026. The broadcast report is drawing significant attention as Canadians watch for implications on borrowing costs, mortgages and the broader economy. Details on the size of the increase and the central bank's reasoning were not provided in the coverage available.

Why now: An interest rate change by the Bank of Canada directly affects mortgages, loans and savings, making it major news for Canadians.

Bank of CanadaCTV NewsCanada

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