Why an interest rate cut isn’t all good news | Cost of Living

The Bank of Canada may finally lower the interest rate this week, but is that a good thing? Also, why it’s become trendy to barter instead of pay cash. Swapping your breadmaker for banana bread? Plus, what the rise of AI could mean for global power.

00:00 Intro
01:27 AI and global power
10:48 Bringing back bartering
16:07 Interest rates in Canada

#CostOfLiving #InterestRates #ai

»»» Subscribe to CBC News to watch more videos:

Connect with CBC News Online:

For breaking news, video, audio and in-depth coverage:
Follow CBC News on TikTok:
Follow CBC News on Twitter:
Find CBC News on Facebook:
Follow CBC News on Instagram:
Subscribe to CBC News on Snapchat:

Download the CBC News app for iOS:
Download the CBC News app for Android:

»»»»»»»»»»»»»»»»»»
For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.