Tag: Bank of Canada
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Canadian Dollar Breaks Lower: The Loonie Flashes a Warning for 2026
The Canadian dollar has just hit its weakest level of 2026 against the U.S. dollar, sliding toward the 0.714 area — roughly 71.4 U.S. cents — in a sharp decline visible on the daily candlestick chart from late 2025 through June 11, 2026. For Canadian investors, exporters, importers, offshore allocators, and anyone holding U.S. dollar…
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Canada’s Bond Market Has a New Buyer: Hedge Funds With Borrowed Money
When “financial stability” starts sounding like a margin call There is a certain elegance to modern finance. Governments borrow more money, dealers run out of balance sheet, and hedge funds arrive to save the day — with leverage, repo financing, basis trades, and just enough opacity to make everyone at the central bank start speaking…
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The Worst Move in G7 History: Canada’s Gold Blunder and the Carney Quid Pro Quo
In a world increasingly rocked by inflation, currency debasement, and geopolitical shocks, one asset has stood the test of time: gold. But not for Canada. While every other G7 nation maintains a strategic reserve of gold bullion, Canada holds none. Zero. Zilch. Nada. And that may go down in history as the worst financial blunder…
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Here’s Why Canada Has No Gold Reserves
Canada’s gold reserves stand at a stark, embarrassing zero, a glaring anomaly for a nation historically steeped in gold mining and resource wealth. This is the legacy of Mark Carney, former Governor of the Bank of Canada, whose tenure epitomized misguided monetary policies, strategic blunders, and economic shortsightedness. A Legacy of Mismanagement Under Carney’s leadership,…
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How Solid are Canada’s Big Banks?
The World Economic Forum consistently ranks Canada’s banks among the world’s safest[1]. Competent regulators have overseen stress tests, tightened lending standards and delinquency rates are low. Demographics are good and the country’s diversified economy is backed by a treasure of oil, wood, gold and other natural resources. So the experts say. Institutional investors, relying on…