The U.S. housing market was the epicenter of the 2008/09 financial crisis that had global ramifications. Toxic assets, built with derivatives and based upon questionable mortgages, made their way into many investment portfolios around the world.
The spread of the COVID-19 pandemic in early 2020 set the stage for an unprecedented shuttering of the Canadian and U.S. economies. The lockdowns triggered the most pronounced recessions of the current era. In line with the sharp declines in economic activity, labour markets weakened dramatically and unemployment rates in both countries soared to new […]
Blessed with an abundance of natural resources, Canada’s economic growth has historically relied upon their development. This resource base is one of the reasons that Canada was ranked as the 15th wealthiest nation in 2021. Energy price gains have recently fueled a resurgence of interest in Canada among international equity investors.