BREAKING: Bank of Canada hikes rates 25 basis points

The Bank of Canada hiked interest rates for the eighth consecutive time on Wednesday. Jim Thorne, chief market strategist at Wellington-Altus Private Wealth, Earl Davis, head of fixed income and money markets at BMO Global Asset Management and Andrew McCreath, founder of ForgeFirst, break down what this decision means for investors. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.