WFN calculation: 25 basis points equal 0.25 percentage point, giving a previous target of 2.25%. A 25% increase would mean something different and would misstate the decision.
What to check before drawing a conclusion
For a currency comparison, match equivalent policy measures across central banks. An overnight target, a deposit facility and a retail borrowing offer are different series; their labels belong beside their numbers.
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WFN STORY COMPASS
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Original WFN vector illustrationWFN · 30 October 2026
Editorial noteSource-based explanation with original WFN analysis. Historical records retain their dates; numerical examples are illustrative. The original vector illustration is conceptual and is not documentary evidence.
WFN REALITY LEDGER
What is on the record?
Primary-source explainer
Primary-source explainer
Primary record / reference periodDecision announced 28 October; change effective the following day
Its official rate table explains that changes take effect the day after announcement. For this decision, that distinction separates 28 October from 29 October. Bank of Canada — policy rate and effective dates ↗
02 · WFN EDITORIAL ANALYSIS
What the distinction changes
WFN calculation: 25 basis points equal 0.25 percentage point, giving a previous target of 2.25%. A 25% increase would mean something different and would misstate the decision.
In an economic calendar, store the publication timestamp separately from the effective date. Otherwise a historical chart can apply a new setting too early, even when its quoted rate is correct.
03 · REVIEW POINTS
What to check before drawing a conclusion
For a currency comparison, match equivalent policy measures across central banks. An overnight target, a deposit facility and a retail borrowing offer are different series; their labels belong beside their numbers.
Check the official statement together with the rate history when updating a dashboard. The decision establishes a policy change, while the path of the Canadian dollar still depends on the information set used for comparison. No particular market reaction is inferred here.
