As expected by many economists, the Bank of Canada held the interest rate steady at 5% amid a bit of economic slowdown and a new year looming.

Economist and senior lecturer in economics at Concordia University Moshe Lander joins Patricia Boal to break down what this means for you.

<p>As expected by many economists, the Bank of Canada held the interest rate steady at 5% amid a bit of economic slowdown and a new year looming.</p>
<p>Economist and senior lecturer in economics at Concordia University Moshe Lander joins Patricia Boal to break down what this means for you.</p>

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