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BIV podcast (episode 73): Can B.C.'s housing sector handle a rate hike?

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.
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BCBC economist Ken Peacock warns slower growth will have impact on provincial government revenue forecasts. | BIV Archives

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.

Plus, the hosts also discuss whether Amazon Prime Day lived up to the hype, what to make of the impending sale of Grouse Mountain and whether real estate sales in Vancouver and Toronto will ever normalize.