@LoveMy7Wood In the same position. Holding cash in etf DLR which is tied to the price of the U.S. dollar. Yields 4%. Have to be comfortable with currency risk.
The CDN dollar has been weak with $100 oil.
Once oil prices normalize, the CND $ will fall further.
Rosenberg say 65 cents.
@ThisIsCoffey I don't remember Steven Harper owning Stelco. Stelco operated as an independent publicly traded Canadian company following its exit from bankruptcy protection in March 2006.
@raghu_venugopal@brianlilley@nspector4 Interesting. You attack the person, because you can't refut the information. I'll add another fact. 91% of Carney's portfolio is in U.S. stocks. He will gamble with your tax dollars, but when it's his money, he knows where he will get the best returns.
@PeterHRatcliffe And economically. Europe is a failed state, overburden with with regulation and economically failing.
Just like Canada after 12 years of Liberal government.