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

OMEGAZEPRIME News
This story was selected and curated by our editorial team in the News category. Published on October 28, 2026 • Originally reported by Al Jazeera – Breaking News, World News and Video from Al Jazeera. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.
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