Bank of Canada Reduces Prime Rate AGAIN!

The Canadian government announced a 50 basis points cut in interest rates, with the prime rate dropping from 5.95% to 5.45%, and the overnight rate falling to 3.25%. But what does this mean for Canadians, and how will it affect the economy in the long term? In this episode, Marcus and Justin discuss the implications of the rate cut, what it means for inflation, the real estate market, and the broader Canadian economy.