Bank of Canada - Unemployment

I'm sure you're all aware by now the Bank of Canada has decreased prime slightly. 

I honestly thought they may have held off for one more meeting and done it in July, but clearly I was wrong!

With the unemployment numbers coming in weak today (more part time jobs of people struggling), we may see another decrease in July. Some are even saying that it may be faster down than expected. 

I do and I don't hope so as it can really affect our dollar as well which can affect a lot of other things such as industry and companies that rely on trade.

All in all I know it's not good out there, I've been through this a few times now, and feel we will see the rate cycle come down to a more 'normal' area sooner than later.

Some are even having the variable conversation again as I think it may be time to gamble on it again.