Top Videos on the Canadian Dollar, Gold, and Housing Market from Financial Post

The Canadian dollar is facing a potential slump to 50 cents over the next decade, according to Jean-François Tardif, founder of Timelo Investment Management. In a discussion with Financial Post’s Larysa Harapyn, Tardif highlighted Canada’s lagging productivity as a key factor that could drag down the value of the Canadian dollar in the coming years.

Meanwhile, gold prices are on the rise, with John Ciampaglia, chief executive at Sprott Asset Management, predicting that gold could reach as high as US$3,000. Ciampaglia noted that gold has decoupled from its usual drivers, as central banks in the east are increasingly acquiring the precious metal.

In other news, Canada has struck a deal with Honda Motor Co. Ltd. for a multi-billion-dollar electric vehicle complex. Dr. Greig Mordue, associate professor at McMaster University, praised the deal, highlighting past agreements that were deemed too expensive. Mordue believes that this time, governments have gotten it right with the Honda deal.

Additionally, Ottawa is taking steps to address the country’s housing affordability crisis. Robert Hogue, assistant chief economist at Royal Bank of Canada, explained how initiatives in the federal budget 2024 aim to ease the housing crisis, although a long-term solution will take time to materialize.

For more insights on these topics and the federal budget, stay tuned for full coverage on Financial Post’s website. Don’t miss out on the latest business news by bookmarking financialpost.com and signing up for their newsletters.