Caroline Provencher-Virgilio

Canada's central bank recently kept its benchmark rate in the low-2% range for a seventh straight decision, signaling stability now while keeping flexibility later.
Meeting minutes showed policymakers grew more alert to upside risks, and they said those pressures could still require a rate increase before year-end.
Officials concluded inflation risks had intensified since Mid-Q3 2026, even though they said the economy and inflation had generally evolved as expected.
The governing council, led by the governor and deputy governors, agreed the main risks had become more acute in the current outlook.
That leaves Canada watching inflation and oil price pressure closely, with policymakers signaling they could act before year-end if upside risks persist.

Bank of Canada Signals Rate Hike Risk

Recent Canada benefit deposits included the disability benefit on September 17 and the child benefit on September 18, with both tied to eligibility.
The disability benefit supports Canadians ages 18 to 64 living with a disability, with payments up to $204.20 monthly based on family income.
Eligible disability applicants included citizens, permanent residents, qualifying temporary residents, protected persons, and residents with recognized federal status or approved disability tax credit status.
Disability payments could start the month after approval, with up to 24 mo of back pay and a one-time $150 medical certificate payment.
Current child benefit base payments were $679.75 monthly under age six and $573.58 for ages six to 17, plus up to $290 extra.