Elevated energy prices from ongoing Middle East conflict have kept Canadian headline CPI near 3% through August 2026, with gasoline driving the upside while core measures remain around 2%. This has tilted inflation risks higher since the Bank of Canada’s September 2 hold at 2.25%, prompting markets to price roughly even odds of a 25-basis-point hike versus no change at the October 28 decision. Offsetting this, fresh U.S. tariff uncertainty and a still-fragile growth rebound create downside risks to activity, leaving the policy rate near the lower end of neutral. Traders view the upcoming Monetary Policy Report as the key catalyst that could clarify whether pass-through from oil prices warrants earlier tightening or justifies staying on hold through year-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNo Change 55.5%
25 bps increase 42.4%
50+ bps increase <1%
25 bps decrease <1%
$98,062 Vol.
$98,062 Vol.
50+ bps increase
<1%
25 bps increase
42%
No Change
55%
25 bps decrease
<1%
50+ bps decrease
<1%
No Change 55.5%
25 bps increase 42.4%
50+ bps increase <1%
25 bps decrease <1%
$98,062 Vol.
$98,062 Vol.
50+ bps increase
<1%
25 bps increase
42%
No Change
55%
25 bps decrease
<1%
50+ bps decrease
<1%
The resolution source will be official information from the Bank of Canada, including the statement or release from its October 2026 interest rate announcement, scheduled for October 28, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its October 2026 interest rate decision with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
Market Opened: Jul 15, 2026, 9:50 PM ET
Resolver
0x69c47De9D...The resolution source will be official information from the Bank of Canada, including the statement or release from its October 2026 interest rate announcement, scheduled for October 28, 2026, as listed on the official Bank of Canada calendar (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates). This market may resolve as soon as the statement or release of the Bank of Canada resulting from its October 2026 interest rate decision with relevant data is issued.
If the specified rate is defined by an upper and lower bound, the relevant change will be the change to the upper bound.
If the specified rate is changed to a level not expressed in the displayed options, the change will be rounded according to the following guidelines. Increases or decreases of less than 25 bps will be rounded to 25 bps (e.g. an increase or decrease of 10 bps would be considered to be an increase or decrease of 25 bps). Increases or decreases of greater than 25 bps will be rounded to the nearest 25 bps and will be rounded away from 0 in cases of equidistance (e.g., an increase or decrease of 37.5 bps would be considered to be an increase or decrease of 50 bps). Displayed options of “Increase” or “Decrease” will include policy rate increases or decreases of any size.
If the specified announcement is postponed to a date and time before the start of the next scheduled announcement, this market will resolve based on the outcome of that postponed announcement. If the specified announcement is cancelled, or postponed such that no decision is announced by the start of the next scheduled announcement, this market will resolve to the “No Change” bracket. Emergency changes to the specified rate not resulting from the specified announcement will not be considered.
Resolver
0x69c47De9D...Elevated energy prices from ongoing Middle East conflict have kept Canadian headline CPI near 3% through August 2026, with gasoline driving the upside while core measures remain around 2%. This has tilted inflation risks higher since the Bank of Canada’s September 2 hold at 2.25%, prompting markets to price roughly even odds of a 25-basis-point hike versus no change at the October 28 decision. Offsetting this, fresh U.S. tariff uncertainty and a still-fragile growth rebound create downside risks to activity, leaving the policy rate near the lower end of neutral. Traders view the upcoming Monetary Policy Report as the key catalyst that could clarify whether pass-through from oil prices warrants earlier tightening or justifies staying on hold through year-end.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated

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