How will Bank of Canada interest rate cut impact British Columbians?

It’s the announcement many Canadian families have been hoping for another interest rate cut by the Bank of Canada. A move that should lead to lower costs for mortgages and other loans. As Andrea Macpherson reports, the bank’s governor says while inflation is still a major worry — the door is being kept open for bigger cuts in the months ahead.

• Better mortgage rates but not prices for B.C. homeowners, buyers after BoC rate cut