Canada market reports, Wednesday Oct 28, 2026


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Bank of Canada rate decision looms as juniors report gold drill results

Oct 28, 2026 7:01am ET

The S&P/TSX Composite finished yesterday at 36,171.49, up 227.33 points. Markets anticipate that the Bank of Canada will raise its key rate this morning for the first time since 2023, and it is also releasing its Monetary Policy Report, with Governor Tiff Macklem holding a press conference. The Federal Reserve is expected to leave rates unchanged in its last decision before the midterms. In overnight trading oil was at US$101.15, up 1.25%, as renewed Houthi attacks on Saudi Arabia revived supply fears. The Canadian dollar was at US$0.71133 early today, down 0.04%.

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Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice.


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