Bank of Canada Governor Mark Carney is more concerned about the strengthening Canadian dollar right now than he is about inflation. Read More

For the US-based investor, buying Canada right now means accessing a relatively stable, low-beta play on a global economic recovery. It means benefitting from fundamental factors that support a strong and rising Canadian dollar. It means owning solid businesses that pay sustainable distributions. Read More

The recent revolution in intergovernmental policymaking is only the latest evidence that the global economic order has changed. Istanbul, the junction of West and East, was a fitting locale for the denouement of a largely symbolic transition. Read More

Over the next 12 to 18 months we’re likely to see a rising number of distribution cuts across the Canadian trust universe as managements adjust distributions to absorb the new taxes. Read More

The US is no longer the only market for Canadian exports, the only source of new products or the sole font of new investment. Rather, its share of all three has been steadily shrinking due to even faster growth in Canada’s trade and investment with other nations. Read More

The Australian dollar has rallied over the last several months on speculation its central bank would act before its global monetary peers, but only one analyst of 20 surveyed by Bloomberg predicted a rate hike this soon. Read More

While Canada enters this period of change with enviable strengths, Canadian businesses “will need to develop new markets as the traditional advantage of relatively open access to US markets becomes less valuable.” Read More

The recently announced “agreement” between the Libyan Investment Authority (LIA) and Verenex Energy (TSX: VNX, OTC: VRNXF) is bound to attract significant attention: LIA, a sovereign wealth fund (SWF), has become the instrument by which its sponsoring state authority has impeded market processes and damaged shareholders. Read More

The Obama administration, the Federal Reserve and governments and central banks around the world have difficult needles to thread on several levels: scaling back fiscal spending programs to restore budgets to balance; unwinding extraordinary liquidity provisions; crafting a regulatory framework that prevents a similar situation from happening in the future. Read More

The collapse of Lehman Brothers ushered in what’s widely acknowledged to be the worst global credit crisis since the 1930s. It’s axiomatic that credit is the lifeblood of a capitalist economy. Signs that credit is circulating are therefore good. According to Statistics Canada, Canadian household and corporate borrowing rebounded in the second quarter. Read More