Goldman Sachs has looked at the potential impact of Donald Trump's tariffs on the Canadian Dollar and has quantified the potential scale of the loss that lies ahead.
U.S. President-elect Trump threatened 25% tariffs on Canada and Mexico on day one of his new administration in January and threatened a further 10% tariff on all products from China.
GBP/CAD has come under significant selling pressure over the course of November but could see some near-term relief.
The Canadian Dollar can continue to outperform its main rivals say analysts.