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What's your financial situation and how are you affected by a Bank of Canada rate cut?

What's your financial situation and how are you affected by a Bank of Canada rate cut?

BC Today vor 1 Jahr

0:00

48:14

The Bank of Canada announced it lowered its key interest rate by
25 basis points to 2.5 per cent, which is the first cut since
March. Governor Tiff Macklem says it's to counter a weaker
economy, but Canadians remain concerned about the cost of living.
We ask you about your financial realities with Realtor Hasan Juma
and Rebecca Casey, president of the Canadian Mortgage Brokers
Association. We also take your questions with Bryan Yu, Chief
economist at Central 1 Credit Union, and Jessica Moorhouse, the
host of the More Money podcast