The Financial Post reports in its Wednesday, Nov. 12, edition that financial market participants believe the Bank of Canada will hold interest rates at their current level of 2.25 per cent before raising them to 2.5 per cent in the third quarter of 2027. The Post's Gigi Suhanic writes that 63.3 per cent, however, said the risks "were skewed to a lower path." Those were some of the findings of the Bank of Canada's quarterly survey of 30 financial market participants, which includes dealers and banks, asset and pension fund managers, insurers, and researchers, conducted Sept. 9 to Oct. 1. In the previous survey, released in August, respondents said they expected the Bank of Canada to cut the rate to 2.25 per cent and then hold it there until 2026. The central bank cut interest rates to 2.25 per cent on Oct. 29 and said rates were at the right level to support the economy without spurring inflation. Bank of Canada governor Tiff Macklem also said monetary policy could only do so much of the heavy economic lifting given the structural changes caused by the trade war with the United States.