Bank of Canada hikes interest rate for the first time in three years - here’s what it means

AI Article:

Judy Trinh reports on the Bank of Canada’s decision to increase its benchmark interest rate in response to inflation and international instability.

Subscribe to CTV News to watch more videos: https://www.youtube.com/ctvnews

Connect with CTV News:
For live updates and latest headlines visit: http://www.ctvnews.ca/
For breaking news, fast, download the CTV News App: https://www.ctvnews.ca/app
Must-watch stories and full programs at http://www.ctvnews.ca/video

CTV News on TikTok: https://www.tiktok.com/discover/CTV-News
CTV News on X (formerly Twitter): https://twitter.com/CTVNews
CTV News on Reddit: https://www.reddit.com/user/CTVNEWS
CTV News on LinkedIn: https://ca.linkedin.com/company/ctv-news

---
CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.

Subscribe for more:
CP24: https://www.youtube.com/@CP24
BNN Bloomberg: https://www.youtube.com/@BNNBloomberg
W5: https://www.youtube.com/@OfficialW5

#ctvnews #ctvnationalnews #canadiannews

Posted by in Default Category 15 hours, 33 minutes ago · Public

0 people liked this

Comments (0)

News sections are here.

New Videos

Video by itsbecmcleod.C_ccMi2SegO.mp4
0 likes
Video by praewxx_1999xx.DXeznAZEyon.mp4
0 likes
NDP accuses UCP government of cooking riding boundaries | CTV News Calgary at 6 for Oct. 28, 2026
0 likes
'Our Budget Is $17 Billion, New York's Is $268 Billion': DeSantis Slams New York's Budget Gap
0 likes
Video by praewxx_1999xx.DRUl0Ajk8oy.mp4
0 likes
Superpower Anyone? U.S. Secretly Pleads Iran for Talks; Vance Contacts IRGC Veteran On Trump Orders
0 likes
Video by nicolecolmanxx.DeZcK5JIzD2.mp4
0 likes
Houthis: Saudi Strikes Kill At Least 14 In Yemen | Israel Elections: Netanyahu 53, Eisenkot 48
0 likes
ABC World News Tonight with David Muir Full Broadcast - Oct. 28, 2026
0 likes
US Midterms 2026: Young voters could decide key Michigan congressional race
0 likes
Video by kaylarold.DSbmlCJDXN3.mp4
0 likes
Trump in Ohio for GOP Rally 6 Days to Midterms
0 likes
NBC Nightly News with Tom Llamas Full Episode - Oct. 28
0 likes
Video by praew_1999p.DWfx7qDjDMu.mp4
0 likes
Why the US central bank decided to keep interest rates steady | DW News
0 likes
Train crash kills at least 68 in Spain
0 likes
Video by danielleerosee.DSctWXGFgU3.mp4
0 likes
Hayden Panettiere overdose death ruled an accident
0 likes
Video by nicolecolmanxx.DcBTDzII8-m.mp4
0 likes
7 Canadians impacted by high-speed rail crash in Spain | CTV News Montreal at SIX for Oct. 28, 2026
0 likes
Mikie Sherrill Discusses 'Expanding Businesses And The Competition' NJ Has With Other States
0 likes
Video by cubanita8928.CpVZy14up51.mp4
0 likes
Brazil’s Flávio Bolsonaro arrives in U.S. after losing election
0 likes
Feds REFUSE to unseal Ilhan Omar search warrant
0 likes
Quebec government vows to put an end to time change
0 likes
Video by aussiegirlangel.DNAw27uzn4z.mp4
0 likes
When a child dies, this Quebec organization steps in to help grieving parents
0 likes
Safety of Spain's rail system questioned after 2nd fatal crash this year | Hanomansing Live
0 likes
Video by itsbecmcleod.DdzjGfkzWWD.mp4
0 likes
Montreal-area senior centre closes abruptly over structural issues
0 likes
Video by sophijreels.Ddr_TBizQ0k.mp4
0 likes
Brazil’s Flávio Bolsonaro arrives in U.S. after losing election
0 likes
Video by onlymiabailey.Cx94Iv1yS2d.mp4
0 likes
Video by praew_1999p.DOX04MHATi7.mp4
0 likes
Marc Thiessen: Mary Peltola lied to Alaska voters
0 likes
'I don't buy it': Enten breaks down the 'likely voter' gains for GOP
0 likes
Could Trump lose Congress? The 2026 midterms explained | BBC News
0 likes
Video by cubanita8928.Cjf6xaRP7-x.mp4
0 likes
Video by cubanita8928.BrV5OEyBYa9.mp4
0 likes
Video by kendelkay.DY0Udwqy5v9.mp4
0 likes
'When Epstein Came To Mar-a-Lago...': Trump Reveals Inside Details Of Jefrrey's Stay At Florida Home
0 likes
Video by onlymiabailey.DbeojXVsi8u.mp4
0 likes
Video by thehtowngirl.DZv4xgsMDk0.mp4
0 likes
Video by andi_bagus.CV_4cgGFuJg.mp4
0 likes
Manhunt for convicted killer who escaped Tennessee prison expands
0 likes
Video by tinylolamay.DaWhh_ROJb6.mp4
0 likes
The iPhone Duo Display Flaw: Why It’s Happening Now | WION Originals
0 likes
Top Story with Tom Llamas - Oct. 28 | NBC News NOW
0 likes
Video by onlymiabailey.C1L6vD9SZKT.mp4
0 likes
Riders linebacker Aubrey Miller Jr. earns permanent starting role
0 likes
Video by sophijreels.Dds1Elyq6wi.mp4
0 likes
Regina specialized long-term care facility making headway
0 likes
Hallie Jackson NOW - Oct. 28 | NBC News NOW
0 likes
Video by thehtowngirl.DVxFBGsDjk9.mp4
0 likes
Kellyanne Conway: Name one Democrat who should get credit for this
0 likes
Quebec promises to get rid of time changes next year | Hanomansing Live
0 likes
Video by kaylarold.DW90ITKD5se.mp4
0 likes
High-speed train crash in Spain leaves dozens dead, hundreds injured
0 likes
ServiceNow CEO Bill McDermott: This is a unicorn growth company
0 likes
Video by praewxx_1999xx.Dab4qpHze_Z.mp4
0 likes
Lemon vehicles, ticket resellers targeted by province | CTV News Edmonton at Five for Oct. 28, 2026
0 likes
Video by kaylarold.DXvH89gtGjF.mp4
0 likes
Motion to release a report on redrawn electoral boundaries shut down
0 likes
Video by danielleerosee.DctxVPHsS1i.mp4
0 likes
Why a Fed rate hike is likely coming in December
0 likes
Alberta cracking down on lemon vehicles, ticket resellers
0 likes
Video by reese.vuitton.DYygXHskXUi.mp4
0 likes
Bank of Canada announces interest rate hike
0 likes
Video by itsbecmcleod.Ddkh-4rzmE1.mp4
0 likes
California’s AG says 'Trump does not get to rewrite our voting rules'
0 likes
Mom Left 4 Kids Home Alone to Fly to Vegas: Police
0 likes
Sask. MLAs recognize Melville Mounties wounded in shooting
0 likes
Video by misafrankenstein.Ddy4QwHg4pS.mp4
0 likes
Market Talk: Fed rate decision 'didn't line up' with Warsh's comments
0 likes
Mikie Sherrill Asked: How WIll You Use Trump's Federal Education Tax Credits For Public Schools?
0 likes
Video by misafrankenstein.Det7OicAv_b.mp4
0 likes
JD Vance-Linked Group In Bolsonaro Poll Probe! Brazil Investigates Alleged Plot Against Lula
0 likes
Video by danielleerosee.DQVOMKxjkrG.mp4
0 likes
Hennepin County Attorney Asked Why James O'Keefe, Cam Higby Were Charged If They Didn't Cast Ballots
0 likes
Remembering labor and civil rights leader Dolores Huerta
0 likes
Video by shaine.abbeto.DcooF8wEwDG.mp4
0 likes
How data centres might decide a Senate race in Ohio | BBC News
0 likes
Video by zaynacharm.DTumzf1iV4q.mp4
0 likes
Early midterm voting data shows enthusiasm ahead of election day
0 likes
'Advantage to Obama': CNN panel reacts to Obama & Trump's rallies
0 likes
Calgary water-main panel costs released
0 likes
Video by zaynacharm.C5ywoHwPvT7.mp4
0 likes
Trump says Mary Peltola should be 'prosecuted' over Dan Sullivan controversy
0 likes
The UCP's plan for electoral boundaries is drawing heat | CTV News Calgary at 5 for Oct. 28, 2026
0 likes
Video by zaynacharm.DMX8t5NIHJK.mp4
0 likes
Robotic-dog walkers needed
0 likes
Video by cubanita8928.CodwIUKO4qB.mp4
0 likes
Larry Kudlow: Dems' dirty tricks are going to 'SINK THEM'
0 likes
‘HIGH CHANCE’ Netanyahu stays in power: Ben Shapiro on Israel’s election
0 likes
Video by onlytiannaann.DZTPTx7Sgm7.mp4
0 likes
Assault charges dropped against Sault MPP
0 likes
Video by sharnabeckman.DaAI7-qMehF.mp4
0 likes
Burden of Proof: Wednesday October 28, 2026
0 likes
Video by kat_holmes1.Db8PlOTJXfN.mp4
0 likes
First Nations call for remote airport investments
0 likes
Video by danielleerosee.DYtJdLelwTz.mp4
0 likes
Video by praewxx_1999xx.DFTCycUSnk8.mp4
0 likes
'We Ended Taxes On Overtime!': JD Vance Touts Republican Successes In Trump's Second Term
0 likes
Christina Applegate speaks out on MS misdiagnosis
0 likes
Mad Money 10/28/26 | Audio Only
0 likes
Video by reese.vuitton.Dbb-eXrCZbS.mp4
0 likes
Video by zaynacharm.DUM4bjWCVKq.mp4
0 likes
NYT: Democrats recruited spoiler candidate in Alaska in an effort to confuse voters
0 likes
Video by praewxx_1999xx.CxFHBsZvVHk.mp4
0 likes
Electoral boundaries report causing controversy | CTV News Lethbridge at 5 for Oct. 28, 2026
0 likes
‘Totally UNREMARKABLE!’ | Nana Akua RIPS into Labour’s budget
0 likes
Video by gingerlilyxo.DdjBIgNsns4.mp4
0 likes
Impact of Bank of Canada policy rate increase on southern Alberta
0 likes
'She Turned Her Back On Us': Nick Langworthy Lights Into Kathy Hochul Over Treatment Of Northern NY
0 likes
Video by missbuscemi.DcUvl_2tRmK.mp4
0 likes
Mbappé loses Chinese sponsors over Mao meme as Real Madrid apologizes | DW News
0 likes
Making bugs less scary ahead of Halloween
0 likes
Video by kaylarold.DU1njCcjdeP.mp4
0 likes
Edmonton votes to delay new paving for alleys
0 likes
Video by praewxx_1999xx.DWof4hmE82h.mp4
0 likes
2 women sought after north Edmonton arson
0 likes
Video by danielleerosee.DcoIg9wNGpp.mp4
0 likes
Israel can now put an end to Netanyahu’s genocide, and war : Marwan Bishara
0 likes
Dems tied to Peltola helped recruit spoiler candidates: NYT
0 likes
Patrick Clancy’s EXPLOSIVE Lawsuit Over Children’s Deaths
0 likes
Video by zaynacharm.DeEkOXIMqIp.mp4
0 likes
New X-ray facility for Sudbury animal rescue group
0 likes
Hennepin County Attorney Asked: 'Do You Believe Others Were Involved' In The O'Keefe Voting Case?
0 likes
PBS News Hour full episode, Oct. 28, 2026
0 likes
Russian War Machine Behind American And Gulf Losses? Big Tehran-Moscow Link Revealed
0 likes
Video by dingvitohip.Dckbz3hT_5W.mp4
0 likes
Elementary school in middle of 11 data centers
0 likes
Video by onlymiabailey.C3UvY54SWz5.mp4
0 likes
Manhunts for escaped inmates
0 likes
Video by hayleysummerss.DbcujdGi9wu.mp4
0 likes
Remembering pioneering labor leader and civil rights icon Dolores Huerta
0 likes
Video by praew_1999p.DeKNO0uMrZq.mp4
0 likes
Planning for Sudbury’s Santa Claus parade
0 likes
Video by danielleerosee.DZOTiTxJAEj.mp4
0 likes
Video by aussieskylaa.DQZKUfokmQr.mp4
0 likes
Training to rescue vulnerable people in North Bay
0 likes
Deadly Train Crash in Spain; Pretti’s Parents Call Out Feds; Mel Robbins on Stress - Oct. 28
0 likes
Video by praew_1999p.DOfHwjgAWrn.mp4
0 likes
Is the EU still looking to make Canada an 'associate member'? | Power & Politics
0 likes
Democrats INTERFERED with Alaskan US Senate race: Report
0 likes
Video by reese.vuitton.DZhE8nuFAc6.mp4
0 likes
Nature Conservation groups across Ontario gather in our region
0 likes
Video by praewxx_1999xx.DOOYmCnk021.mp4
0 likes
Pennsylvania Gov. Shapiro vows to stand up to Trump ahead of the midterms
0 likes
Will Canada and the U.S. have a trade deal before the midterms? | Power & Politics
0 likes
At least 68 dead in Spain train crash - as details of cause become clearer
0 likes
Russia-Africa Summit: What are African nations gaining from closer ties with Moscow?
0 likes
'THIS ISN'T HAVANA': Mike Waltz confronts Cuban delegate in UN shouting match
0 likes
Video by itsharry_xx.DcScfgxTYeY.mp4
0 likes
What next for the war in Iran after Israeli elections? | BBC News
0 likes
Bank of Canada hikes interest rate for the first time in three years - here’s what it means
0 likes
Ken Warsh Asked About Public Disclosure Protocol For Future Federal Open Market Committee Meetings
0 likes
Video by praew_1999p.DQvSyQ1AeK-.mp4
0 likes
Trump Demands Peltola Be PROSECUTED, Removed From Alaska Ballot Over 'Fake' Sullivan Row
0 likes
New report exposes alleged Democrat push to place candidates on ballot in Alaska
0 likes

AI Article