Time to buy Canada and the Canadian dollar?: Larry Berman - BNN Bloomberg
This story deserves to be shared
Send it to someone who'd care, or post it on your networks.
Published: October 05, 2026 at 3:29p.m. EDTLarry Berman discusses his outlook for the markets. The Canadian economy has had an anchor on it for the better part of a decade. A big part of that anchor was due to policy decisions at the federal level. That trend appears to be changing. Our chart today highlights the Canadian dollar (top) and two major drivers of Canada’s current (trade in crude oil) and capital accounts (trade in debt securities). Canadian dollar Historically, crude oil (pink line) was a major driver of the trade balance in Canada. While Canada holds a trade surplus with the U. S., we have a deficit excluding crude. There has been a lower correlation in recent years on crude oil and an increasing correlation on interest rate differential. When international investors generally want a higher yield, they look to countries that have better total return possibilities. That seems to be improving. For most of the past decade, Canadian interest rates have been below U. S. rates when looking at the two-year maturity (green line). For the prior decades post coming off the gold standard in the early 1970s, Canada needed to offer higher yields than in the U. S.
This article is an excerpt. To read the full content, visit the original source. BNN Bloomberg
Related articles
CFP's Sam Berman Named 2026 Rising Star by Women Leaders in Sports - College Football Playoff
Sam Berman, Events and Hospitality Coordinator for the College Football Playoff, was recognized today as the 2026 Rising Star by Women Leaders in Sports as part of the organization's BSN SPORTS Awards. The awards ceremony served as a centerpiece at the 2026 Women Leaders in Sports National Convention in Chicago. Since joining the CFP in 2024, Berman helps plan and execute private events and VIP hospitality operations that surround one of the sport's biggest stages. A native of Portland, Oregon, Berman coordinates logistics and carries out a hospitality program for designated VIP guests. For every event she works on, Berman manages the details that keep things running smoothly, including attendee rosters, hotel rooms, transportation, gifting, digital ticketing, sponsor-donated product, BEOs, and meeting materials. She also helps produce the organization's invitation-only special events and provides administrative support for her department. Beyond event logistics, she oversees volunteer programs alongside the host committee for each CFP National Championship, making sure each one is properly staffed and that volunteers receive the technical and guest services training they need.
CFP's Sam Berman Named 2026 Rising Star by Women Leaders in Sports - College Football Playoff
Power outages ramp up as windstorm sweeps through Edmonton and area - CTV News
AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos
Electrocution that left Nova Scotia man dead happened during copper wire theft: RCMP - CTV News
AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos
Runners Take on Cape to Cabot Challenge Tomorrow - VOCM
The 20th annual Cape to Cabot road race is taking place tomorrow. The grueling 20 km trek sees participants running from one historic landmark to another: From Cape Spear to Cabot Tower on top of Signal Hill. The race starts at 8 a.m., and because of that there are a few related road closures in St. John’s. Between 7:45 and 11a.m. there will be numerous road closures along the route. A full list can be found online at VOCM dot com. Expect traffic impacts from 7:45 a.m. to 11 a.m. on routes including Blackhead Road, Southside Road, Water Street, Harbour Drive, Duckworth Street, Temperance Street and Signal Hill Road.
Alberta referendum expected to bring finality, but also more questions on separation - Global News
On Monday, Albertans vote on whether to stay in Canada or hold another binding referendum on quitting Canada. If the vote goes as polls suggest, a majority of Albertans will mark an X to stay in Confederation, and Premier Danielle Smith has said if that’s so, she expects everyone to accept it and move on. Leaders of the independence movement contest that. And political watchers are divided about whether separation — previously a fringe sentiment — will now be a prominent, permanent feature of Alberta’s political landscape, as in Quebec. Julian Castro-Rea, a political-science professor at the University of Alberta who studies the separation debates in Quebec and Alberta, believes as long as Alberta feels alienated from the Canadian capital — feeling that Ottawa benefits from Alberta’s resource economy without giving back — the movement will have fuel. “Even if the referendum is lost, the westernization will still be around, because it’s kind of a way which, traditionally, Albertans have related to the rest of Canada,” says Castro-Rea, who believes western alienation may remain indefinitely. Story continues below advertisement
0 comments
No comments yet. Be the first to share your thoughts!