580 CFRAOAW: Bank of Canada holds interest rate at 5% heading into new year
Ottawa at Work with Patricia Boal
Daily full show audio from Ottawa at Work with Patricia Boal on 580 CFRA1,837 clip(s)
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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.
