Bank of Canada reduces its interest rate to 4.75%, but what will this mean to Canadians and what impact might it have on housing, mortgages, rent, employment? Unemployment is at 6.2% and job-growth heavily leaning toward part-time positions, Part-time positions growth at 62K, full-time employment down 36K.

Guest: Professor Eric Kam. Macreconomics, Toronto Metropolitan University.  

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