BIV on Roundhouse July 13: What does the Bank of Canada rate hike mean for B.C.?

Bank of Canada governor Stephen Poloz with Business Council of B.C. chief policy officer Jock Finlayson

On the latest show, Ken Peacock, chief economist at the Business Council of B.C., discusses the Bank of Canada’s latest rate decision and why his organization is revising the province’s economic forecast upward.

Then, Retailer Insider’s Craig Patterson discusses Ikea’s efforts to open a new distribution centre in B.C., why Amazon Prime Day is making other retailer nervous and why scrapped plans for an Abercrombie acquisition are making investors fearful for the apparel industry.

Later, SFU professor Brent McFerran’s new study uncovers how knowing the price of a product can be a total buzzkill when it comes to enjoying it.

Click here to listen to the show.

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