The Financial Post reports in its Friday edition that calls are growing for the Bank of Canada to raise interest rates at its upcoming meeting after seven consecutive holds, amid rising inflation risks. The Post's Gigi Suhanic writes that UBS economist Abigail Watt says, "Our baseline now includes one 25-basis-point hike in October and another in January, followed by a prolonged hold once the policy rate reaches the midpoint of the neutral range." The BOC has held its benchmark-setting rate at 2.25 per cent since October, 2025, taking rates to the bottom end of its neutral range of 2.25 per cent to 3.25 per cent. Two 25-basis-point hikes would take it to 2.75 per cent, the midpoint. UBS had called for the BOC to hold rates for the remainder of 2026 and hike next year, but recent BOC statements on inflation convinced it to pull forward its call for hikes. Governor Tiff Macklem in September said the risks of inflation rising were increasing and that business seemed to be adapting to pressures from the United States-Canada trade war. Ms. Watt says, "That shift suggested the BOC was becoming less willing to look through above-target headline inflation while waiting for clearer evidence of domestic demand pressure."