Episodes
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Wednesday Feb 05, 2025
January 2025 Bank of Canada reaction – Don Drummond
Wednesday Feb 05, 2025
Wednesday Feb 05, 2025
The Bank of Canada has cut its key interest rate by 25 basis points. This is the sixth consecutive cut by the bank, and it brings their key lending rate to 3%. With Trump’s tariff threat looming over Canada, what might this mean for future cuts? And what might it all mean for the economy, the dollar, and your investment decisions? Joining the show today to unpack all this and more is renowned economist Don Drummond. Don is a former Chief Economist at TD Financial Group, and current Stauffer-Dunning Fellow and Distinguished Visiting Scholar in the School of Policy Studies at Queens University.
Recorded on January 30, 2025.
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