
5 Investing Myths and Buying US Stocks with CAD
The Canadian Investor
00:00
The Importance of Understanding the Economic Engine
The economic engine works for central banks here in Canada with the US and the Japan example as well. It's basically the plumbing, right? That's the plumbing of our financial system. People may think, okay, what happens if the Bank of Canada constantly has losses? Well, at the end of the day, ultimately it doesn't really matter because it's going to be backed by the government of Canada.
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