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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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Explore the reporting, records and statements behind this story. See where each source enters the story, and which claims it helps us examine.

Showing 14 of 14 sources

Bank of Canada Official record Summary of Governing Council deliberations: Fixed announcement date of September 2, 2026 www.bankofcanada.caRead original source (opens in a new tab)

Sections: Considerations for monetary policy; Policy decision

The Bank's own account of the September 2 deliberations, published two weeks after the decision.

Retrieved Sep 16, 2026. Original historical capture has not been verified.

Reuters · via Investing.com News report Canadian home sales fall in August as economic uncertainty grows www.investing.comRead original article (opens in a new tab)

CREA figures and Shaun Cathcart quotes

Reuters wire story (carried by Investing.com) on CREA's August housing data and mortgage-rate pass-through.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

FXStreet News report Canadian Dollar remains vulnerable aas Fed takes centre stage By Vishal Chaturvedi www.fxstreet.comRead original article (opens in a new tab)

Opening paragraphs on Fed pricing, Treasury yields and oil

September 15 market state: Fed hike nearly fully priced, US 10-year yield above 5%, oil around US$100. Original headline's spelling preserved.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

Yahoo Finance News report Canada's Home Sales Fell 6.9% In August ca.finance.yahoo.comRead original article (opens in a new tab)

Closing paragraphs on the Bank of Canada

Corroboration only: seven consecutive holds and the rate-to-mortgage link. Unbylined aggregation; lower confidence, listed for transparency and never sole grounding.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

Where it connects

Included as reporting context. It has not been linked as evidence for a specific claim.

Statistics Canada Official record Consumer Price Index, August 2026 www150.statcan.gc.caRead original source (opens in a new tab)

The Daily release text: headline, gasoline, grocery and rent sections

Official August CPI figures. Also fixes the next CPI release date: October 19.

Retrieved Sep 16, 2026. Original historical capture has not been verified.

Investing.com News report Canada's inflation picture is getting complicated -- what analysts see ahead www.investing.comRead original article (opens in a new tab)

Analyst quotes; CIBC forecast paragraphs

Analyst reaction to the August CPI, including CIBC's revised rate-hike call.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

Statistics Canada Official record Labour Force Survey, August 2026 www150.statcan.gc.caRead original source (opens in a new tab)

The Daily release text: employment, unemployment rate and wage sections

Official August jobs figures. Primary grounding for the jobs and wage claims; the official wording scopes 'slowest since November 2017' with an exclusion for 2021.

Retrieved Sep 16, 2026. Original historical capture has not been verified.

CTV News News report Unemployment rate remained at 6.4% nationwide and 5.6% in Quebec in August By The Canadian Press www.ctvnews.caRead original article (opens in a new tab)

Paragraphs 1-3, tariff paragraph, wage paragraph and closing rate-odds paragraph

Canadian Press report on the August Labour Force Survey, with the tariff timeline and LSEG market odds.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

FXStreet News report 2% wages: Why Canada's weak jobs data strengthens the BoC's stance By Joshua Gibson www.fxstreet.comRead original article (opens in a new tab)

Opening paragraphs; section 'The 2%'

Market-desk analysis of the jobs report; carries Macklem's press-conference warning and the labour-force arithmetic behind the steady 6.4%.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

Financial Post News report Job declines push back against Bank of Canada's hawkishness By Naimul Karim ca.finance.yahoo.comRead original article (opens in a new tab)

Economist round-up paragraphs

Consulted for the economist reads on the jobs report (CIBC, Capital Economics, Oxford Economics) and the seventh-in-a-row hold. Financial Post story carried on Yahoo Finance.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

Reuters News report Canada's TSX declines after US jobs data fuels rate-hike bets www.kitco.comRead original article (opens in a new tab)

Paragraphs on the Bank of Canada hold and Macklem's press-conference remark

Reuters wire copy carried by Kitco; grounds Macklem's press-conference warning about being prepared to hike.

Retrieved Sep 15, 2026. Original historical capture has not been verified.

Bank of Canada Official record Bank of Canada maintains the policy rate at 2¼% www.bankofcanada.caRead original source (opens in a new tab)

Press release, opening paragraph and closing paragraphs

The September 2 decision itself and the Bank's stated reasoning. The next announcement date (October 28, with the Monetary Policy Report) is in the information note.

Retrieved Sep 16, 2026. Original historical capture has not been verified.

Bank of Canada Stakeholder statement Monetary Policy Decision Press Conference Opening Statement By Tiff Macklem www.bankofcanada.caRead original source (opens in a new tab)

Paragraphs on tariffs (about 5% of exports) and on what monetary policy can and cannot do

Governor Macklem's prepared statement at the September 2 press conference.

Retrieved Sep 16, 2026. Original historical capture has not been verified.

Bank of Canada Official record Policy interest rate www.bankofcanada.caRead original source (opens in a new tab)

Recent policy-rate announcements table

Live reference page; the date reflects the most recent announcement in its table (September 2, 2026). Grounds the seven consecutive holds and the October 29, 2025 quarter-point cut. Retrieved 2026-09-16.

Retrieved Sep 16, 2026. Original historical capture has not been verified.