The TSX composite rose 347.89 points to close at 35,502.65 on Oct. 2, 2026, snapping a four-day slide as tech and industrials led gains and crude oil fell.
A Bank of Canada rate hike on Oct. 28 is now the base case at UBS, Manulife, Oxford Economics and Scotiabank after inflation hit 3%. RBC still expects a hold.
A Macklem rate hike is back in the conversation as oil-driven inflation holds at 3%. Here is what the Bank of Canada said before the Oct. 28 decision.
A Bank of Canada rate hike is back in play after Tiff Macklem warned against moving too slowly as oil-driven inflation nears 3% ahead of the Oct. 28 decision.
Traders now price a Bank of Canada rate hike for Oct. 28 as close to a coin flip after oil and bond yields climbed. What it means for mortgages and savers.
The Canada mortgage rate forecast built on forward CORRA pricing shows the BoC rate rising to 3.50% and prime near 5.70% by the end of 2027.
The S&P/TSX composite closed up 326.21 points at 36,335.61 on Sept. 22, 2026, led by materials and tech, as U.S. markets finished mixed.
The Bank of Canada summary of deliberations for the September 2, 2026 rate decision was published September 16 at 13:30 ET, with the policy rate held at 2.25%.
The S&P/TSX Composite closed at 35,874.26 on September 17, 2026, up 1.08%, as bond yields eased from multi-decade highs and oil prices retreated.
The Canadian dollar held firm near 1.3780 against the greenback as elevated crude prices offset new US restrictions on Canadian vehicle and dairy exports.
