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Edition for

Updated at 07:14 AM ET · Quebec time

October 29 edition: the Bank of Canada and Federal Reserve reports are updated following their October 28 decisions. Eight reports are carried forward with their original dates after targeted freshness checks.

10 articles

Canada 5 stories · Neutral News

Facade of the Bank of Canada’s historic building
The Bank of Canada’s historic building in Ottawa. Illustrative photograph. Wladyslaw · CC BY-SA 3.0 · Image resized; cropped for display.
01 / Canada · Economy

Bank of Canada raises its policy rate to 2.50%

The October 28 increase addresses the risk of energy costs spreading to other prices.

1 min read·2 documents consulted
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October 28 decision incorporated into this report.

DecisionAn increase of 0.25 percentage point. [1]

CreditBorrowing costs could rise. [2]

ReservationsSome economists worry about the recovery. [2]

Peace Tower and the facade of Centre Block
Centre Block and the Peace Tower in Ottawa. Archive photograph of Canada’s Parliament. Saffron Blaze · CC BY-SA 3.0 · Image resized; cropped for display.
02 / Canada · Trade

Canada and UAE sign a trade agreement

Ottawa announces lower trade barriers; the benefits remain to be delivered.

1 min read·2 documents consulted
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Carried forward on October 29, 2026. Agreement signed October 27; entry into force still expected in 2027.

StatusSigned; implementation expected in 2027. [1]

TradeLower tariffs announced for implementation. [1]

DebateQuestions about benefits and human rights. [2]

The CN Tower and Toronto skyline at sunset
Toronto viewed from the islands in 2018. Archive photograph. Jchmrt · CC BY-SA 4.0 · Image resized; cropped for display.
03 / Canada · Elections

Toronto: Olivia Chow wins a second term in preliminary results

The city tally shows Chow at 54.16% and Brad Bradford at 41.11%; certification is a separate step.

1 min read·2 documents consulted
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Carried forward on October 29, 2026. October 26 results, recorded October 27, still labelled unofficial by the City.

CountAll 1,431 polls have reported. [1]

StatusResults remain unofficial. [1]

ResponsesBradford concedes defeat. [2]

Illuminated facade of British Columbia’s Parliament Buildings
British Columbia’s Parliament Buildings in Victoria in June 2018. Archive photograph. Michal Klajban · CC BY-SA 4.0 · Image resized; cropped for display.
04 / Canada · Elections

British Columbia: Conservatives projected to form a majority government

The initial count is complete, but October 24 election results remain preliminary.

1 min read·3 documents consulted
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Carried forward on October 29, 2026. Initial count dated October 26; final count scheduled November 6–10.

ProjectionThe outlet projects a Conservative majority. [2]

ResultsThe figures count districts where parties are leading. [1]

TransitionThe party must also address its permanent leadership rules. [3]

Aerial view of docks and shipping containers in a port
Container terminal in Singapore. Illustrative photograph of maritime trade. CHUTTERSNAP · Unsplash License · Image resized; cropped for display.
05 / Canada · Trade

Canada–U.S. trade: Carney says Washington is moving closer to Canada’s position

The prime minister describes conditional progress; no completed agreement is announced.

2 min read·6 documents consulted
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Carried forward on October 29, 2026. October 26 Carney remarks retained; consulted sources establish no completed agreement.

TimingThe changes take effect October 30. [1]

TalksCarney maintains Canada’s conditions. [5]

ScopeOther tariff regimes remain separate. [1]

United States 5 stories · Neutral News

A folded U.S. twenty-dollar banknote
A U.S. twenty-dollar banknote. Illustrative photograph. United States Department of the Treasury · Public domain · Image resized; cropped for display.
01 / United States · Economy

U.S. consumer confidence rebounds in October

The index reaches 91.7; price concerns persist.

1 min read·2 documents consulted
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Carried forward on October 29, 2026. Results released October 27; revised September level retained.

Result91.7 in October, versus a revised 84.2 in September. [1]

ExpectationsSurveyed economists had forecast 81. [2]

LimitLiving costs remain a concern. [2]

Facade and dome of the U.S. Capitol
The U.S. Capitol in Washington. Illustrative photograph. Louis Velazquez · Unsplash License · Image resized; cropped for display.
02 / United States · Diplomacy

After strikes on Iran, IAEA seeks access to nuclear sites

Remote observations do not replace inspections on the ground.

1 min read·2 documents consulted
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Carried forward on October 29, 2026. October 27 briefing; consulted sources establish no return to normal inspections.

ObservationNo repairs observed, according to Grossi. [1]

VerificationAccess and information remain insufficient. [2]

DiplomacyA return to an inspection framework is sought. [2]

A folded U.S. twenty-dollar banknote
A U.S. twenty-dollar banknote. Illustrative photograph. United States Department of the Treasury · Public domain · Image resized; cropped for display.
03 / United States · Economy

Federal Reserve holds rates at 3.75%–4%

Two officials preferred an increase.

1 min read·2 documents consulted
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October 28 decision incorporated into this report.

RatesRange held at 3.75%–4%. [1]

DisagreementTwo votes for an increase. [1]

ContextAn expected pause after September. [2]

Facade and dome of the U.S. Capitol
The U.S. Capitol in Washington. Illustrative photograph. Louis Velazquez · Unsplash License · Image resized; cropped for display.
04 / United States · Diplomacy

Oleshky: Moscow and Kyiv say they are observing the local truce

DW reports both sides’ statements on October 27; reduced fighting has not been independently verified.

1 min read·3 documents consulted
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Carried forward on October 29, 2026. October 27 statements retained. The originally announced October 29 date does not establish that the mission is complete.

ImplementationThe statements do not establish that fighting has actually decreased. [3]

TimingTruce announced for the 27th, mission for the 29th. [2]

ScopeA local agreement. [1]

Rows of server racks in a data centre
Server racks photographed in 2015. Illustrative photograph, unrelated to any particular facility cited in the article. Carl Lender · CC BY 2.0 · Image resized; cropped for display.
05 / United States · Technology and trade

Washington proposes broader restrictions on technology investments

Treasury’s proposal targets China among other countries; the new rules remain subject to consultation.

1 min read·2 documents consulted
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Carried forward on October 29, 2026. October 22 proposal; consulted source establishes no final rule.

Stated purposeLimit financial support for sensitive military capabilities. [1]

ObjectionBeijing criticizes discriminatory restrictions. [2]

StatusConsultation precedes a final rule. [1]