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L'Essentiel with Esther Bégin
Cost of Borrowing Inches Higher in Canada – October 24, 2018
Borrowing money in Canada? It'll cost you a little more after the Bank of Canada raised its benchmark interest rate today by a quarter point up to 1.75 per cent. What impact could this rate hike have on the Canadian economy and households? Esther Bégin speaks with Clément Gignac, chief economist at Industrielle Alliance, and financial columnist Pierre-Yves McSween. Also on the show: Sami Aoun, director of the Middle Eastern and North African Observatory of the UQAM Raoul-Dandurand Chair in Strategic and Diplomatic Studies, on Saudi Arabia's influence in the Arab world.