Bank of Canada surprises with second rate hike, eyes future moves

The Bank of Canada raised interest rates on Wednesday, surprising many, and left the door open to more rate hikes in 2017 even as it pledged to pay attention to how higher borrowing costs would hit Canada’s indebted households. The 25-basis-point increase to 1 percent followed a hike in July and ...

Bank of Canada surprises with second rate hike, eyes future moves