# Bank of Canada lifts rate 25bp; CAD reaction modest in our data

> The Bank of Canada raised its overnight policy rate by 25 basis points to 2.5%. USD/CAD fell 0.44% between Oct 27 and Oct 29, a move the data describes as within its normal daily range. Other Canadian crosses moved little.

- Date: 2026-11-01 · published 2026-11-01T12:08:57.843Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/8891-bank-of-canada-lifts-rate-25bp-cad-reaction-modest-in-our-data
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A higher Canadian policy rate supports the loonie, which makes Canadian export commodities such as canola meal relatively more expensive for foreign buyers. The reaction was modest, so the price effect on feed inputs is limited.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- forex.in.rs: https://www.forex.in.rs/news/2026/10/bank-of-canada-lifts-rate-25bp-cad-reaction-modest-in-our-data/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.