Posted by & filed under Environment, Management, Video Report.

Description: Stephen Poloz, Bank of Canada governor, cut the key interest rate from 0.75 to 0.5 per cent. This triggers the perception that the economy is in turmoil.

Source: Toronto Star

Date: July 15, 2015

Video Link:  http://www.thestar.com/business/2015/07/15/bank-of-canada-cuts-interest-rate.html

Questions for Discussion:

  1. Why has Stephen Poloz decided to cut the rate?
  2. How will the cut rate impact you?
  3. Will the rate cut encourage Canadians to buy more debt?

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