Geopolitics Alpha

Bank of Canada forecast to hike interest rates for first time since 2023

Published . Updated .

GEOPOLITICS ALPHABank of Canada forecast to hikeinterest rates for first timesince 2023GEOPOLITICS ALPHA

This report is about Canada.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWC iShares MSCI Canada ETF+2.0% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada

  • EFA iShares MSCI EAFE ETF-2.2% 11d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada

  • RY Royal Bank of Canada

    Royal Bank of Canada (commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.

  • BNS The Bank of Nova Scotia

    The Bank of Nova Scotia (state commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.

  • ENB Enbridge+2.2% 30d

    Enbridge (pipe lines (no natural gas)) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.

  • SU Suncor Energy

    Suncor Energy (petroleum refining) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWCNo price data for this ticker———————
BWXNo price data for this ticker———————
EFANo price data for this ticker———————
RYNo price data for this ticker———————
BNSNo price data for this ticker———————
ENBNo price data for this ticker———————
SUNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Bank of Canada forecast to hike interest rates for first time since 2023 FXStreet

Source: FXStreet

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Msci Canada Etf (EWC)

Companies tied to this story

  • EWC Ishares Msci Canada Etf

    In “Bank of Canada forecast to hike interest rates for first time since 2023,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

  • BWX Spdr Series Trust

    In “Bank of Canada forecast to hike interest rates for first time since 2023,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada

  • EFA Ishares Tr

    Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada forecast to hike interest rates for first time since 2023.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada

  • RY Royal Bank Of Canada

    Royal Bank Of Canada (RY) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada forecast to hike interest rates for first time since 2023.” Reason on file: Royal Bank of Canada (commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares

  • BNS Bank Of Nova Scotia

    Bank Of Nova Scotia (BNS) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada forecast to hike interest rates for first time since 2023.” Reason on file: The Bank of Nova Scotia (state commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares

  • ENB Enbridge

    For “Bank of Canada forecast to hike interest rates for first time since 2023,” Enbridge (ENB) is linked, with no stored direction, medium confidence. Reason on file: Enbridge (pipe lines (no natural gas)) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares

  • SU Suncor Energy

    Suncor Energy (SU) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada forecast to hike interest rates for first time since 2023.” Reason on file: Suncor Energy (petroleum refining) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares

Ishares Msci Canada Etf (EWC)

Ishares Msci Canada Etf (EWC) is the company in “Bank of Canada forecast to hike interest rates for first time since 2023,” the 28 Oct 2026 this story story.

For Ishares Msci Canada Etf (EWC), the reason on file says iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

Spdr Series Trust (BWX) is here too. Its reason reads: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada

The price range for Ishares Msci Canada Etf (EWC), and the dates in the story

EFA traded between 102.00 and 106.44 across 11 sessions. The latest close on file is 103.46. EWC traded between 57.74 and 61.45 across 20 sessions. The latest close on file is 61.05.

What the saved facts support for Ishares Msci Canada Etf (EWC)

46 out of 100

“Bank of Canada forecast to hike interest rates for first time since 2023” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.