The Canadian dollar is slumping and gold prices are surging. FP Video looks at these topics and more.
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Jean-François Tardif, founder of Timelo Investment Management, speaks with Financial Post’s Larysa Harapyn about how the 2024 federal budget could impact the Canadian economy. Tradif warns that Canada’s lagging productivity could drag down the Canadian dollar over the next decade.
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John Ciampaglia, chief executive at Sprott Asset Management, talks about how gold has decoupled from its usual drivers as central banks in the east snatch up the yellow metal.
With news that Canada has reached a deal with Honda Motor Co. Ltd. for a multi-billion EV complex, Dr. Greig Mordue, associate professor at McMaster University, explains how past deals were too expensive and how it looks like this time governments got it right.
Robert Hogue, assistant chief economist at Royal Bank of Canada, explains how initiatives in the federal budget 2024 will help ease the country’s housing affordability crisis, but a solution will take years.
For more on the federal budget, watch:
Full coverage of the Federal Budget here
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