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Ep.45 | How the BoC Rate Drops Could Affect CAD

Episode 45 of the Canadian Private Lenders’ Podcast podcast, hosted by NEAL, titled "Ep.45 | How the BoC Rate Drops Could Affect CAD" was published on September 4, 2024 and runs 24 minutes.

September 4, 2024 ·24m · Canadian Private Lenders’ Podcast

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Recent Bank of Canada rate cuts have sent ripples through the Canadian economy, including the value of the Canadian dollar. Today, Ryan and Neal will explore the implications of these changes and how they compare to other major currencies and similar markets. Show notes: 1:12 - Intro 9:02 - June-July rate drops and how does it impact CAD? 15:32 - Is Canada holding its own wealth-wise? 16:54 - Canada being similar to Australia in terms of dollar value 20:21 - Th...

Recent Bank of Canada rate cuts have sent ripples through the Canadian economy, including the value of the Canadian dollar. 

Today, Ryan and Neal will explore the implications of these changes and how they compare to other major currencies and similar markets. 

Show notes: 

1:12 - Intro

9:02 - June-July rate drops and how does it impact CAD? 

15:32 - Is Canada holding its own wealth-wise? 

16:54 - Canada being similar to Australia in terms of dollar value

20:21 - The CAD vs all the major currencies in the world

23:33 - Outro

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