The Bank of Canada Shocks The Bond Market- w/ guest Robert Asselin
The Loonie Hour
00:00
The Debt Crisis in Canada
I'm a very basic point of view, which is supply and demand. And when I look at it today, the supply side is pretty big, which makes me worry. Given interest rates, I think real interest rates will get higher as a result of the debt out there. So because we have become a service consumption based economy, not enough productive, that puts an additional onus on Canada. That's something I'm personally quite worried about.
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