canadian think tank cd howe institute says the bank of canada should raise its benchmark interest rate next week by another quarter point to 50 and keep it at that level until next year the institute’s monetarypolicy council a mix of economists from academia and the private sector says another rate rise is warranted due to continuing strength in domestic demand and creeping doubts that inflation will return to 2 without further monetarypolicy tightening most council members expect rate cuts next year although there is disagreement how much easing will unfold