Canada raises key rate to 2.5% as inflation outlook worsens
Published . Updated .
The Bank of Canada raised its benchmark interest rate by 25 basis points to 2.5% on October 28, its first increase in more than three years, as higher energy costs pushed up inflation and raised concerns about broader price pressures
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy costs” (tanker shipping) in this story.
- EWC iShares MSCI Canada ETF+0.3% 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+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy costs” (oil) in this story.
- CVX Chevron+15.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy costs” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+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.
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Canada raises key rate to 2.5% as inflation outlook worsens India's News.Net
Source: India's News.Net
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 53 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 18 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 62 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 18 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 39 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 60 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 61 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 74 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 carried with this story
- EWC Ishares Msci Canada Etf
In “Canada raises key rate to 2.5% as inflation outlook worsens,” 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
Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Canada raises key rate to 2.5% as inflation outlook worsens.” 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
In “Canada raises key rate to 2.5% as inflation outlook worsens,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada
- RY Royal Bank Of Canada
In “Canada raises key rate to 2.5% as inflation outlook worsens,” 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
In “Canada raises key rate to 2.5% as inflation outlook worsens,” 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
In “Canada raises key rate to 2.5% as inflation outlook worsens,” 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
In “Canada raises key rate to 2.5% as inflation outlook worsens,” 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 “Canada raises key rate to 2.5% as inflation outlook worsens” reaches Ishares Msci Canada Etf (EWC)
Ishares Msci Canada Etf (EWC) is the company in “Canada raises key rate to 2.5% as inflation outlook worsens,” the 1 Nov 2026 this story story.
Ishares Msci Canada Etf (EWC) is on the page because 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 in the story, and the Ishares Msci Canada Etf (EWC) price range
EFA traded between 102.00 and 105.11 across 7 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 60.61.
A simple score for Ishares Msci Canada Etf (EWC)
46 out of 100
“Canada raises key rate to 2.5% as inflation outlook worsens” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.