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The Bank of Canada’s interest rate decision on Sept. 7 was front and centre on FP Video this week. The Financial Post’s Larysa Harapyn looked at all angles of the central bank’s move to hike its policy rate by 75 basis points to 3.25 per cent — from its impact on the economy to real estate to Canadians’ personal finances.
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So here we go: everything you need to know about the latest Bank of Canada hike.
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Behind the Bank of Canada’s September 75 bps hike
Stephanie Hughes, finance reporter for Financial Post, breaks down the Bank’s 75 basis point hike.
What the Bank of Canada rate hike means to homebuyers
John Pasalis, president at Realosophy Realty, talks with Harapyn about what the Bank’s rate hike will mean for a housing market that is already cooling rapidly.
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Bank of Canada rate seen hitting 4% or higher
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Rate hikes will end sooner than markets think: Rosenberg
Bank of Canada may have to hike higher than the Fed
Beata Caranci, senior economist at TD Bank Group, talks about what will likely happen next in the central bank’s hiking cycle.
Bank of Canada rate seen hitting 4% or higher
Trevin Stratton, Americas Economic Leader with Deloitte, talks with Financial Post’s Larysa Harapyn about where interest rates are headed.
Listen to Down to Business for in-depth discussions and insights into the latest in Canadian business, available wherever you get your podcasts. Check out the latest episode below: