There is more pain to come even as BoC holds rate steady at 5% for rest of cycle: Strategist

Karl Schamotta, chief market strategist at Corpay and Royce Mendes, managing director and head of macro strategy at Desjardins, joins BNN Bloomberg to discuss their expectations for the BoC's upcoming rate announcement. Both expect the BoC to keep rates at current rate.The both see more risks for the economy ahead. Watch the BNN Bloomberg video here.