@ctvnews: Bank of Canada raises interest rate, first hike since July 2023 The Bank of Canada has hiked its overnight rate by a quarter per cent, the first time for an increase since 2023. FULL STORY: https://www.ctvnews.ca/business/inflation/article/bank-of-canada-raises-key-interest-rate-says-another-hike-possible/

CTVNews
CTVNews
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Region: CA
Wednesday 28 October 2026 15:13:36 GMT
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canadachief
Canadachief :
This guy needs to be fired! Rates should of went down
2026-10-28 15:57:14
400
kristenr45
Kristen 🍓 :
If Canada is doing so well why do we need interest rate increase ?
2026-10-28 17:29:39
29
itsstephaniebitch369
stephc1212 :
my god give us Canadians a break. since 2020 its been non stop rising cost everywhere. when does it end??
2026-10-28 16:02:05
560
olivierleprohon
Olivier Leprohon :
Energy is more expensive because of war. Even if it's outside our control, we'll rise the cost of your mortgage (or your landlord's) to be sure you don't have money left over.
2026-10-28 18:23:43
0
bobskibowski
bobskibowski :
Elbows up
2026-10-28 16:26:32
52
.taurean3
taurean :
Everyone is making money except the regular person.
2026-10-28 15:23:12
47
renethrasher
ReneSellsBobloIsland :
This is so irresponsible
2026-10-28 15:36:46
99
real.d.soares
Real D Soares :
Canadians will suffer but bank still profit!!!👀👀👀carney sucks and it’s shows he’s not the guy for this job!!💙💙💙
2026-10-28 15:19:11
448
bfsto.com
Addy Saeed - bfsto.com :
Translation: Gas pricing are hitting Canadians and we are going to raise interest rate so you can pay more for interest as well.
2026-10-28 16:41:50
114
ullandvoid
Lola🇨🇦 :
Home ownership just got more expensive for the working stiff.
2026-10-28 15:50:07
205
plaidstrrr
Plaidstrrr :
Say it with me: “WE ALL PAY FOR THESE NON SENSE WARS”
2026-10-28 15:47:05
34
ethicalsilance
Sköll Nati :
Well, I didn't see this coming; maybe I should have started saving money for a house at birth. Yay, I'm so happy to be Canadian.
2026-10-28 16:39:48
10
jacob.zyri
Jacob Zyri :
We’re not In a recession though guys, elbows up 🤦🏻‍♂️
2026-10-28 17:54:53
0
ttokemail
MTL Property Service Immo RE :
What are you guys thinking? 😳 💭
2026-10-28 17:16:01
1
generalshan82
Joe mama :
Rates go up, rates go down. The problems stay the same. Economists have no clue how the market works.
2026-10-28 16:46:20
1
real_deeder
Deeder :
Let's stop pretending this isn't some decree from the aristocracy. An out of touch aristocracy that has lost the trust of the people.
2026-10-28 16:45:26
1
phentastic32
PhenTastic 🇨🇦 ❌️ :
This is either the most incompetent BoC ever OR Their interests are actually aligned elsewhere that makes these high rates make sense. I wonder who benefits from higher unemployment, greater debt servicing costs, and a cooler housing market???
2026-10-28 16:22:38
5
craig7036
Craigie91 :
Terrible 😞
2026-10-28 17:01:37
1
wilddog3885
wild dog star wizard :
so they raise interest rates instead of keeping money in the hands of the people
2026-10-28 16:56:14
25
mikebayrak
Canada Mike :
What a joke. They have no clue anymore.
2026-10-28 15:47:02
20
gordongains
M.G :
So let’s raise rates and cost people more money. Great job make this make sense
2026-10-28 16:35:51
59
maniaujla70
Mani Aujla :
Allowing inflation to run wild is what actually destroys an economy. When energy prices surge and inflation sits above target, the BoC raises rates to protect currency purchasing power—not to trigger a depression. Protecting the dollar is job number one.
2026-10-28 15:39:03
51
pom_mom_4
P♥️M :
The amount of people in this comment section that don’t understand is honestly alarming
2026-10-28 16:13:08
71
missvictoria1408
Victoria :
Money grab, this country sucks Watch how many people walk away from there homes. This bump will make mortgage payments unaffordable to those who bought high with the low rates which are up for renewal
2026-10-28 15:30:34
51
serialscriber
Serialscriber :
You’ll own nothing and you’ll be happy
2026-10-28 17:12:34
5
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