Canadian Dollar Discussion On BNN

I had the privilege today to appear on Canada’s Business News Network. It is a great source for information on the Canadian economy and markets. I was interviewed by Michael Hainsworth.  

We discuss the Bank of Canada’s decision not to cut rates today, which seemed highly discounted in the interest rate and derivatives markets. The market seems to have simply pushed the rate cut expectation out to the spring, by which time the Liberal government is expected to present its budget.  

Here is the link to the video.