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