Economic events.

The article presents information on economic events that took place in October 2005 with emphasis on the events that took place in Canada. The Bank of Canada has increased its bank rate by 0.25 to take it to 3%. All the residents of Alberta will receive a $400 rebate in January 2006. Ontario has signed a $500 million deal in exchange of hydroelectric power from Manitoba. Brazil's beef exports are banned in over 30 countries due to the report of foot-and-mouth disease that affects cattle. General Motors and Ford Motor Co. have announced further plant closures due to losses.