The Governor of the Bank of Canada, Tiff Macklem, announced the fourth policy interest rate cut this year, down by a quarter of a percentage point to 2.25%, signaling a steadiness in inflation, while simultaneously warning of a weakening economy. It comes in the midst of a volatile U.S.-Canada trade war, and ahead of a later-than-usual federal budget, with a projected deficit of close to $70 billion. Host Mike Eppel speaks to Barry Schwartz, President and Chief Investment Officer at Baskin Wealth to get a pulse check of the Canadian economy ahead of the upcoming November 4th federal budget. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at
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