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The Bank of Canada's next move

Why the Bank has held seven times in a row, and what could make it move on October 28.

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On September 4, 2026, CIBC's economists forecast no Bank of Canada rate change through the end of 2026. The same day, data from LSEG, a financial-data firm, put market odds of an October 28 hike above 25 per cent. The Canadian Press called those odds low. What did the two make of October 28?

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