CONNECTING THE DOTS

CONNECTING THE DOTS – Canadian dollar heading to 62 cents – #canadiandollar #dollarcrash #mikemartins

ECONOMICS
Mar 29, 2017
Canadian dollar heading to 62 cents US: Morneau economic advisor
Ian Vandaelle, Chase Producer, BNN

#canadiandollar #dollarcrash #mikemartins

One of Finance Minister Bill Morneau’s top economic advisers is warning of significant downside risk for the Canadian dollar. In an interview on BNN, Starfort Investment Holdings Chairman Ken Courtis said much stronger U.S. growth will spur Janet Yellen’s U.S. Federal Reserve to raise rates at a faster pace, sending the greenback surging and depressing the loonie’s value.

https://www.bnn.ca/canadian-dollar-heading-to-62-cents-us-morneau-economic-advisor-1.709474

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