Why is the Canadian dollar dropping below $0.72 USD, and what impact will it have on our economy? In this video, we explore the causes behind the Canadian dollar’s decline, from the Bank of Canada’s rate cuts to differences in economic performance between Canada and the U.S. We discuss how this shift affects travel expenses, import costs, inflation risks, and opportunities for Canadian exporters. Join us as we break down the economic implications and the potential paths forward for the loonie.
Call Me or Email Me
My approach to investing is straightforward. I study the markets, global economies and what’s happening within industries to be in a position to best help my clients find good quality investments that will help them meet their goals. I build custom portfolios for each client. I welcome you to call me at 416-332-3863 or email me at allan@allansmall.com.
Listen and Subscribe to the Podcast:
Subscribe to my YouTube Channel:
