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Business News · Oct 29, 2026

Bank of Canada raises policy rate to 2.5 percent, signalling tighter costs for businesses and households

The Bank of Canada increased its overnight policy rate by 25 basis points to 2.5 percent on October 28, 2026, its first hike since 2023. The central bank cited stronger inflationary pressures driven by higher energy prices and warned further increases could be necessary, a move that will raise borrowing costs for Canadian firms and households and reshape investment and mortgage decisions ahead.

Business News · Oct 17, 2026

Unable to find a Canada business story first reported or materially updated on October 17, 2026

I searched major Canadian and international business outlets but could not verify a single, reliable Canada business story that was first reported or materially updated on October 17, 2026. I can continue looking for items from other recent dates, broaden the search, or write a fresh article about a verified Canada business development from a nearby date if you want.

Business News · Oct 15, 2026

Ottawa unrolls regionally targeted business support and offshore wind push in multicity October 15 announcements

On October 15, federal ministers and regional representatives made a coordinated set of announcements aimed at boosting clean energy projects, apprenticeship training and small business investment across several provinces. The moves underline Ottawa’s strategy to steer private capital toward large renewable projects while offering near term supports to local firms and workers.