B.C. finance minister Brenda Bailey calls on the Bank of Canada to make additional cuts
B.C.’s Finance Minister Brenda Bailey is among a chorus of voices cheering a Bank of Canada decision to cut a key interest rate in the face of threatened U.S. tariffs. But the move is also happening within an environment of uncertainty.
Bailey said government welcomes the BoC’s decision to drop its policy rate to three per cent from 3.25 per cent. in its sixth consecutive cut.
“People in B.C. have been feeling the impact of inflation and high prices for a long time,
B.C. welcomes Bank of Canada interest rate cut in the face of tariffs
