Geopolitics Alpha

Bank of Canada raises interest rates for the first time in three years

Published . Updated .

Bank of Canada raises interest rates for the first time in three years

The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+4.8% 30d

    United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.5% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+54.8% 19d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.

  • 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

  • XOM ExxonMobil Holdings+9.0% 13d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.

  • CVX Chevron+7.9% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
BWETNo price data for this ticker———————
EWCNo price data for this ticker———————
BWXNo price data for this ticker———————
EFANo price data for this ticker———————
XOMNo price data for this ticker———————
CVXNo 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 raises interest rates for the first time in three years Al Jazeera

Source: Al Jazeera

Trades by members of Congress and officials 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 mentioned with this story

  • EWC Ishares Msci Canada Etf

    For “Bank of Canada raises interest rates for the first time in three years,” 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 raises interest rates for the first time in three years,” 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 raises interest rates for the first time in three years.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada

  • RY Royal Bank Of Canada

    For “Bank of Canada raises interest rates for the first time in three years,” Royal Bank Of Canada (RY) is linked, with no stored direction, medium confidence. 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

    For “Bank of Canada raises interest rates for the first time in three years,” Bank Of Nova Scotia (BNS) is linked, with no stored direction, medium confidence. 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 raises interest rates for the first time in three years,” 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

    For “Bank of Canada raises interest rates for the first time in three years,” 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

Ishares Msci Canada Etf (EWC)

The 28 Oct 2026 story “Bank of Canada raises interest rates for the first time in three years” names Ishares Msci Canada Etf (EWC) because of this 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”)

A second company, Spdr Series Trust (BWX), is listed for a different reason: 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 in the story, and the Ishares Msci Canada Etf (EWC) price range

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.

A simple score for Ishares Msci Canada Etf (EWC)

46 out of 100

“Bank of Canada raises interest rates for the first time in three years” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.