Recent geopolitical instability, particularly the conflict involving Iran and the threat to the Strait of Hormuz, has profoundly reshaped the economic outlook for Canada and the CAD. This external crisis has caused West Texas Intermediate crude oil futures to skyrocket past $102 per barrel, achieving a remarkable 51% monthly gain, comparable only to the 1990 Gulf War era.
The 'Carney Doctrine' and that technocratic response to protectionism really hit home. It's like they're trying to debug an economy, which is a massive task. Very insightfull.
Massive task indeed, the government have a real challenge on their hands and I've not seen them shy away from it, even when under economic attack, i.e. "elbows up, Canada!"
The 'Carney Doctrine' and that technocratic response to protectionism really hit home. It's like they're trying to debug an economy, which is a massive task. Very insightfull.
Massive task indeed, the government have a real challenge on their hands and I've not seen them shy away from it, even when under economic attack, i.e. "elbows up, Canada!"