BoC rate hike: Ken Peacock, chief economist of BCBC, discusses

Bank of Canada raises the overnight rate for the first time in seven years.

The Bank of Canada has finally handed down its long-awaited rate hike, so what does this mean for the economy? Ken Peacock, chief economist at the Business Council of B.C., talks to hosts Tyler Orton and Hayley Woodin about what we can expect from everything from mortgage rates to exports.

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