Bank of Canada keeps 2% inflation target in mandate renewal
Published . Updated .
Covered by 8 outlets: CityNews Ottawa, Fraser Valley Today, NanaimoNewsNOW, Castanet, CityNews Kitchener, CityNews Winnipeg and 2 more.
Key takeaways
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OTTAWA — The Bank of Canada and federal government have agreed to keep a target of two per cent inflation at the core of the central bank's mandate.
Directly affected
- No company is named in this report.
Indirectly affected
- TIP iShares TIPS Bond ETF-0.0% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- XLP Consumer Staples Select Sector SPDR-2.2% 12d
Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- EWC iShares MSCI Canada ETF+0.9% 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-1.5% 7d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- COST Costco Wholesale+16.7% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- PG The Procter & Gamble+12.8% 30d
The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TIPNo price data for this ticker | — | — | — | — | — | — | — |
| XLPNo price data for this ticker | — | — | — | — | — | — | — |
| EWC | +0.74% | +0.06% | base | after close | after close | after close | after close |
| BWX | -0.42% | -0.91% | base | after close | after close | after close | after close |
| EFA | +0.66% | +0.40% | base | after close | after close | after close | after close |
| WMTNo price data for this ticker | — | — | — | — | — | — | — |
| COSTNo price data for this ticker | — | — | — | — | — | — | — |
| PGNo 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.
Bank of Canada keeps 2% inflation target in mandate renewal CityNews Ottawa
Source: CityNews Ottawa
The price since 6 Nov 2026: Ishares Msci Canada Etf (EWC) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Spdr Series Trust (BWX) | three days earlier | -0.91% | final price |
| Spdr Series Trust (BWX) | five days earlier | -0.42% | final price |
| Ishares Tr (EFA) | three days earlier | +0.40% | final price |
| Ishares Tr (EFA) | five days earlier | +0.66% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +0.06% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +0.74% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 58 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 35 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 39 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 24 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 35 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. David J. Taylor sold Procter & Gamble (PG), worth $1,001 - $15,000 on 12 Oct 2026. That is 25 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Pete Sessions sold Procter & Gamble (PG), worth $1,001 - $15,000 on 8 Oct 2026. That is 29 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Procter & Gamble (PG) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Sheri Biggs bought Bank Of Nova Scotia (BNS) (held by a spouse), worth $500,001 - $1,000,000 on 1 Sep 2026. That is 66 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Sheri Biggs sold Bank Of Nova Scotia (BNS) (held by a spouse), worth $500,001 - $1,000,000 on 19 Aug 2026. That is 79 days before publication. Filed 22 Sep 2026. View the filing.
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
For “Bank of Canada keeps 2% inflation target in mandate renewal,” 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
For “Bank of Canada keeps 2% inflation target in mandate renewal,” 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 6 Nov 2026 story “Bank of Canada keeps 2% inflation target in mandate renewal.” 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 6 Nov 2026 story “Bank of Canada keeps 2% inflation target in mandate renewal.” 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 6 Nov 2026 story “Bank of Canada keeps 2% inflation target in mandate renewal.” 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
Enbridge (ENB) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Bank of Canada keeps 2% inflation target in mandate renewal.” 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
In “Bank of Canada keeps 2% inflation target in mandate renewal,” Suncor Energy (SU) is linked, with no stored direction, medium confidence. 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
How “Bank of Canada keeps 2% inflation target in mandate renewal” reaches Ishares Msci Canada Etf (EWC)
On 6 Nov 2026, “Bank of Canada keeps 2% inflation target in mandate renewal” is the story that connects Ishares Msci Canada Etf (EWC) to this story.
The link for Ishares Msci Canada Etf (EWC) is this: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)
Also listed, Spdr Series Trust (BWX): 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
Dates and price levels for Ishares Msci Canada Etf (EWC)
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 60.20.
How solid “Bank of Canada keeps 2% inflation target in mandate renewal” looks
100 out of 100
“Bank of Canada keeps 2% inflation target in mandate renewal” scores 100 out of 100. The score uses 8 sources, and 7 linked companies.