Canada’s productivity crisis has reached what Stéfane Marion, Chief Economist at National Bank of Canada, calls an “obscene” gap compared to the United States.
A year-ahead prediction from one of the world's biggest banks says the Canadian Dollar should recover lost value against the U.S. Dollar in 2025.
The Pound to Canadian Dollar exchange rate (GBP/CAD) is recovering and will be looking to retake some key technical levels in the coming days.
The Canadian Dollar took a hit when President-elect Trump singled Canada and Mexico for punitive tariffs, but it's too soon to bet on a worst-case scenario.